Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 6 22 2018
By: Ira Epstein

COT Gold, Silver and US Dollar Index Report - June 22, 2018

Gerald Celente: Why You Still Need Guns, Gold, and a Getaway Plan...
By: Mike Gleason

A Trade War Won't Be Good for the Dollar
By: Peter Schiff

Cheap Gold Stocks Basing 2
By: Adam Hamilton, CPA

3 Amigos (SPX/Gold, Long-term Yields and Yield Curve) Updated
By: Gary Tanashian

Sane People Absolutely Know Better!
By: Gary Christenson

How Long Can This Last?
By: Arkadiusz Sieron

Housing Bubble Pathologies, Part 2: Fewer Babies And More Stressed-Out Renters
By: John Rubino


GoldSeek Web

REDUX: Beware the Ides of March!

-- Posted Monday, 18 March 2013 | | Disqus

Updated from the January 2013 Trigger$ Edition

Friday was the Ides of March. In January based on our Fibonacci Ellipses as published in "Beware the Ides of March" , we forcasted that the S&P 500 would rise to 1562 on March 15th, 2013. The result on the Ides of March was 1563.62. Clearly our little practiced tool of Fibonacci Ellipses must be reckoned with!

We were very specific when we spelled out the following:

"Wondering when this delusional rally will end? Where is the top and when will it be in?

There is one technical topping tool that has proven very effective in answering this question with a fair degree of accuracy. It is the application of the uncommonly used Fibonacci Ellipse.

In last month's Trigger$ we predicted the January rally within what we believed to be the controlling Fibonacci Ellipse. Now we need to view what that Fibonacci Ellipses is telling us regarding what is ahead.

We are very close to a short term top, but we are not quite there yet. Traders need to understand that this short term top is not the Intermediate / Long Term top we have been calling for and still expect it to occur in the proximity of the March 15th Quadruple witch. Beware the Ides of March. "


We now expect a period of SIGNIFIGANTLY heighted volatility between the Ides of March and mid April. This is expected based on the achievement of our Fibonacci Time Extensions as we complete the right shoulder of our Head and Shoulder pattern.



Our original MACRO ANALYTICS timing predictions (shown below) were based on our Fibonacci Time Extensions. This is a separate analysis from Fibonacci Ellipses but must 'plug' or we fail the test of symmetry which chaos and fractal theory dictate. We have a a very tight correlation that in turn matches fibonacci clusters and Bradley turn cycle dates.

Defining Chart #1 - "Delusional Distortion" Expectations

We drew "Defining Chart #1" below in early summer 2012, based on our expectations for Monetary Policy responses to weakening global growth. Our September call for QE3 and a 'Bazooka' out of the ECB proved accurate as we head towards our upper H".

Defining Chart #2 - Long Term

Our proprietary analytics are strongly showing the potential for higher nominal highs through the convergence and alignment of a number of technical studies.

  1. A Gann target which aligns with a completed Megaphone Top
  2. A trend line that centers the Gann Analysis,
  3. A decade long Fibonacci Time extension that centers a Gann Analysis

(We laid this out in June 2011 as one of two alternatives expected)

Defining Chart #3 - Short Term

Our current chart formation reflects the Right Shoulder of a Head and Shoulders pattern, which is itself the Right Shoulder of a major Long Term Head & Shoulders formation.

Our MACRO charts on Central Bank Expansion and the signals from the Gold market suggests to us that our Ellipse projections are still valid.

We expect a major scare in Q2 2013 with a counter rally in later 2013 based on unprecedented globally coordinated central bank monetization as part of post Quantitative Easing called OMF (Overt Monetary Funding). View our latest video: "The MACRO ANALYTICS: A TECHNICAL UPDATE".

Get up to speed at MACRO ANALYTICS which can be found at

Sign-Up for your

FREE March Open Access Issue of TRIGGER$


FREE 2 Week Charting Service Trial

Gordon T Long
Publisher & Editor

Gordon T Long is not a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. Of course, he recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and barring that you are encouraged to confirm the facts on your own before making important investment commitments.

Copyright 2013 Gordon T Long. The information herein was obtained from sources which Mr. Long believes reliable, but he does not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Mr. Long may already have invested or may from time to time invest in securities that are recommended or otherwise covered on this website. Mr. Long does not intend to disclose the extent of any current holdings or future transactions with respect to any particular security. You should consider this possibility before investing in any security based upon statements and information contained in any report, post, comment or suggestions you receive from him.

-- Posted Monday, 18 March 2013 | Digg This Article | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2018 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.