THE ROSEN MARKET TIMING LETTER

Transcription

1 THE ROSEN MARKET TIMING LETTER PRECIOUS METALS - FOREX - STOCK INDICES - COMMODITIES RONALD L. ROSEN December 17, 2015 SPECIAL REPORT The Running Flat Correction is the rarest form of and most powerfully bullish correction that any item can possibly undergo! Once the correction is complete the item will perform a rare and intensely powerful bull move. The forces in the direction of the larger trend are so powerful that the pattern becomes skewed in that direction. E. W. P. RUNNING FLAT CORRECTION How can we prove that gold and silver have completed or just about completed the most rare and bullish form of correction? The answer is simple. The Dollar Index is the proof! COPYRIGHT , RONALD L. ROSEN

2 RUNNING FLAT CORRECTION GOLD MONTHLY COPYRIGHT , RONALD L. ROSEN 2

3 RUNNING FLAT CORRECTION SILVER MONTHLY COPYRIGHT , RONALD L. ROSEN 3

4 Contrary to just about every known expert in the precious metals, gold and silver began a bull market running flat correction one month before the Dollar Index began a bear market correction. Both corrections appear to be complete. GOLD MONTHLY DOLLAR INDEX MONTHLY COPYRIGHT , RONALD L. ROSEN 4

5 Gold and silver began their correction in March 2008 The Dollar Index began its correction in April It apparently is the $1, leg [B] high in gold that confused most gold aficionados. The Dollar Correction topped when the volume peaked. SILVER MONTHLY DOLLAR INDEX MONTHLY COPYRIGHT , RONALD L. ROSEN 5

6 The XAU and the HUI began an Irregular Flat Correction the same month and year that gold and silver topped March Irregular Flat Correction In this type of correction, Wave B makes a new high. The final Wave C may drop to the beginning of Wave A or below it. XAU MONTHLY COPYRIGHT , RONALD L. ROSEN 6

7 The Dollar Index bottomed in April 2008 one month after the XAU and the HUI began their correction in March Obviously gold, silver, the XAU, and the HUI all topped the same month and year, March 2008, and began a bull market correction. It is also obvious that the Dollar Index began a bear market correction one month later in April XAU MONTHLY DOLLAR INDEX MONTHLY COPYRIGHT , RONALD L. ROSEN 7

8 GOLD QUARTERLY LOGARITHMIC COPYRIGHT , RONALD L. ROSEN 8

9 Monetary Policy in 2007 and 2008 When significant financial stresses first emerged, in August 2007, the FOMC responded quickly, first through liquidity actions--cutting the discount rate and extending term loans to banks--and then, in September, by lowering the target for the federal funds rate by 50 basis points. 1 As further indications of economic weakness appeared over subsequent months, the Committee reduced its target for the federal funds rate by a cumulative 325 basis points, leaving the target at 2 percent by the spring of Gold began a bull market correction in spring of 2008 March The Dollar Index began a bear market correction in spring of 2008 April GOLD MONTHLY DOLLAR INDEX MONTHLY COPYRIGHT , RONALD L. ROSEN 9

10 The Federal Reserve raised interest rates on December 16, 2015 for the first time since November Based on the irrefutable evidence in this SPECIAL REPORT in my opinion the correction in gold, silver, and the XAU is Click here for the answer V Download GOLD MONTHLY SILVER MONTHLY XAU MONTHLY ======================================================================================== ======================================================================================== COPYRIGHT , RONALD L. ROSEN 10

11 Now that the correction in the precious metals complex is over if you want to follow it to the logical and profitable conclusion you may want to join my Crew. It will cost you $35.00 a month and you can leave at the end of any month. For subscriptions Disclaimer: The contents of this letter represent the opinions of Ronald L. Rosen. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Ronald L. Rosen is not a registered investment advisor. Information and analysis above are derived from sources and using methods believed to be reliable, but Ronald L. Rosen cannot accept responsibility for any trading losses you may incur as a result of your reliance on this analysis and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions. COPYRIGHT , RONALD L. ROSEN 11