Surf City
Surf City is a pseudonym for a 60-year-old retired Information Technology Executive and Software start-up Entrepreneur living near the beach in California. He has been an active investor and trader since the mid-1980s. Analytical by nature, his sound investments over the years allowed him to retire at a relatively early age of 55. In addition to the standard Technical Analysis tools of Edwards and Magee, Surf is a disciple of Walter Bressert’s Cycle Methodology and Stan Weinstein’s Stage 4 Market analysis. Surf combines these skills to develop his unique “Cycle Price Channels.” Some call them “Surf’s ForkCycles.
Surf City Articles
Monday will be day 6 of Gold’s third Trading Cycle (TC) out of the December 2016 Yearly Cycle Low (YCL). Gold’s longer 5-6 month Intermediate Cycle usually has four shorter Trading Cycles within it (sometimes 3 or 5 but usually 4 shorter...
NOTHING is certain or guaranteed in Markets….ever. Anyone who tells you otherwise is a charlatan. That said, within Bressert’s Cycle framework the norm is that a new Intermediate Cycle in any asset should test or breach the Intermediate...
Just a quick update on the USD and Gold. Today’s move by the USD finally seemed to put a pause in the relentless uptrend by Gold and the Miners. I have the USD on day 6 now in what is very clearly a new short term Trading Cycle.
If you are going to trade the commodity sector, you had best follow the USD, which is why I do. If I am correct that the USD’s longer 15 Year Super Cycle is toping in 2017, then the CRB will be a fun sector where we will focus.
We are still waiting patiently for another possible nibble at some miner positions. In the meantime, what is the XAU:Gold ratio…and why is it important?
Did gold find a Trading Cycle Low last Friday? Perhaps. Silver was definitely leading the way as it often does at bottoms. But silver also delivers many head-fakes and with the USD is due for a new Trading Cycle bounce, gold will likely...
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