On a higher timeframe basis: I cautioned on 8/16/18 the break above $1,179.7-$1,183.7 warned of renewed strength. The break above $1,347.0 projected this upward $80 minimum, $320 (+) maximum. We have attained $744.2. These are ONHOLD. We held major exhaustion at $2,071.6-93.2 with a $2,089.2 high and rolled over $412.8 into the macro bearish correction warned about before being put on hold and short covering off the low all the way up to almost take out the highs and rolling over again, being taken off hold.
On a lower timeframe basis: I warned the trade back above $1,809.2-12.0 will warn of short covering—we have seen $49.5. This is ON HOLD. Today has a good likelihood of seeing range expansion. We are in a choppy consolidation phase here which could last a number of days, but in general I expect lower trade before (if) seeing any substantial upside gains—a solid break above $1,882.8 (+10 tics per/ DAY) would change this outlook and warn of higher trade for weeks.
NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold, Bitcoin, and Energy complex. 'Decent penetrations' are specific amounts and provided to clients daily as well. If you are interested, please feel free to reach out.
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