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The Scariest Chart On The Planet

January 14, 2016

The implications of this 60-year quarterly chart for the CRB index is staggering if it completes this impulse move down, which so far has been working out beautifully. Again on this massive time scale you can see an unbalanced Head&Shoulder top that measures out to just below the major support zone at the bottom of the chart.

Back to the Future Indeed.

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Courtesy of http://rambus1.com/

Rambus Chartology is Primarily a Goldbug TA Site following the precious metals markets. Chartology is the Unique Blend of Technical Chart Pattern Identification and Market Psychology, Developed by Rambus During the Tech Mania of the late 1990s. His Early Training came the old fashioned way...Reading Edwards and McGee's Bible of Technical Analysis and spending years with a sharp pencil graph paper and ruler refining his skills and accuracy. Visit the Rambus Chartology website at http://rambus1.com/.