Captain Ewave
Captain Ewave Articles
After starting up strongly early in Fridays trading session the SP500 ending up giving back all of those early gains. In the overnight session the SP500 Futures are down about 21 points.
Despite Thursday’s “pullback”, “takedown”, or whatever analysts want to call it, the Captain’s view is that wave !iv! is complete at the 1279.50 low and that our wave !v! rally higher is now underway. As you can see on our “Daily Gold...
Trading Recommendation: Long gold. Use puts as stops. Active Positions: We are long, with puts as stops! Long silver. Use a put as a stop.
Short-Term Update: Within wave .iii. we are now working on our first impulsive sequence, as shown on our “Daily Gold Chart”. Within that first impulsive sequence we believe that we are working on a subdividing wave $iii$.
Gold was higher in yesterday’s day session and again in the overnight session as we reached a high of 1263.30, at the time that this post was being written. We have now exceeded our wave ^i^ high of 1261.00, and if all of wave ^i^ ended at...
Gold was higher in yesterday’s day session, reaching a high of 1237.50. In the overnight session we seem to be undergoing a small correction with the current low of that correction being 1229.50, at the time that this Post was being...
Gold price was sharply higher in the overnight session, reaching a high of 1218.80 at the time that this Post was being written!
During last week’s holiday shorten session gold was higher, reaching 1164.30, and then on Friday of last week we had a selloff. In the overnight session that sell-off continued as we reached a low of 1146.50, at the time that this Post was...
After reaching a high of 1144.10 in yesterday’s day session, gold has moved lower in the overnight session reaching 1131.10 at the time that this post was being written.
After reaching a low of 1152.50 in the Sunday overnight session gold rallied to a high of 1167.80 in yesterday’s day session! In the overnight session gold reached a low of 1158.50, but at the time that this Post was being written gold has...
