Friday, October 6, 2017

Oct 6, 2017

I'm giving an IT sell signal on the SPX and NASDAQ COMP and NDX 100 (QQQ).
SPX target is 2465 by Oct 30/31 (the ten week low). March 1 to June 19 top = 76 TD's.  76 TD's from June 19 equaled Oct 5 (Hadik has a top due on the NDX between Oct 5 and 6). The NDX topped on July 27 and went down 17 TD's.  On March 1 the SPX went down 18 TD's.  This times a low around Oct 30/31 down about 3.4%. Oct 30/31 is the 10 week low from August 21.

GDX is on a strong buy signal.  Same with gold. I bought GDX 23.00 calls Oct 20, 2017 this morning at GDX 23.05.