the rosen market timing letterbear market 5-3-5 (a, b, c,) bear market correction validates as fact...

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COPYRIGHT 2004-2017, RONALD L. ROSEN REPORT SPECIAL WELCOME ABOARD THE U.S.S MESS PRESIDENT TRUMP! -------------------------------------------------------------------------------------------------------------------- Due to the Running Flat correction in gold and the apparent topping of leg [D] in the Dow Jones Industrials megaphone pattern we may soon witness a huge move up in gold and a horrendous collapse in the Dow Industrials. The Dow Industrials may bottom below the low at leg [C] which was 6,470.00. At my request Nick Laird of [email protected] placed this Wave Count on his charts of the S & P 500 and the Dow Jones Industrial average. THE ROSEN MARKET TIMING LETTER PRECIOUS METALS - FOREX - STOCK INDICES - COMMODITIES https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter RONALD L. ROSEN January 20, 2017

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Page 1: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN

REPORT SPECIAL WELCOME ABOARD THE U.S.S MESS PRESIDENT TRUMP! --------------------------------------------------------------------------------------------------------------------

Due to the Running Flat correction in gold and the apparent topping of leg [D] in the Dow Jones Industrials megaphone pattern we may soon witness a huge move up in gold and a horrendous collapse in the Dow Industrials. The Dow Industrials may bottom below the low at leg [C] which was 6,470.00.

At my request Nick Laird of [email protected] placed this Wave Count on his charts of the S & P 500 and the Dow Jones Industrial average.

THE ROSEN MARKET TIMING LETTER

PRECIOUS METALS - FOREX - STOCK INDICES - COMMODITIES https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter

RONALD L. ROSEN January 20, 2017

Page 2: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 2

Ever since the Federal Reserve began operations the D. J. I. A. and the S & P 500 have been following The Rule of Alternation. Click here v http://www.mtpredictor.com/The-rule-of-Alternation

Page 3: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 3

http://www.mtpredictor.com/The-rule-of-Alternation Major Waves I through V…1913 to 20??

………………………………………..………………………………….

Major Wave III consists of Minor Waves 1 through 5 … 1932 to 2000

Page 4: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 4

This is “The Key” that opened the door to the future path of the D. J. I. A. and the S & P 500.

ZIGZAG (5-3-5)

“A single zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C and subdividing 5-3-5. The top of wave B is noticeably lower than the start of wave A.” Elliott Wave Principle

The simple counting of the 13 waves in the collapse of Major Wave II between 1929 and 1932 opened the door to recognizing that The Rule of Alternation has been what the movements and timing of the D. J. I. A. and the S & P 500 have been following ever since the Federal Reserve System began operating.

Page 5: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 5

Major Wave II is an A, B, C, 5 – 3 – 5 zigzag correction for a total of 13 waves. Major Wave II does not look like a 5 – 3 – 5 zigzag correction due to the consistent, total 89 % collapse of the D. J. I. A. between 1929 and June 1932.

*** http://www.mtpredictor.com/The-rule-of-Alternation***

Page 6: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 6

Please click here v http://www.mtpredictor.com/Elliott-Wave-5-Complete Elliott Wave 5 Complete ……………………………………………………………… “Once an Elliott Wave (5) is complete, the whole sequence is corrected. Once the Wave 5 of a completed 5-wave sequence is complete a correction will unfold that corrects the entire prior 5-wave sequence.”

“What this means in practice is that once Wave 5 is complete a correction which is larger than any correction incurred during the prior 5-wave sequence should then unfold.” ==============================================================================================================================

Page 7: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 7

“What this means in practice is that once Wave 5 is complete a correction which is larger than any correction incurred during the prior 5-wave sequence should then unfold.” ………………………………………………………. It is currently important to know that Major Wave III that began in June 1932 and topped in January 2000 unfolded in 5 minor waves of its own! They were minor waves 1 through 5 as shown on this chart. Since minor wave 5 topped in January 2000, according to the above quote this means that … “… once Wave 5 is complete a correction which is larger than any correction incurred during the prior 5-wave sequence should then unfold.” Based on this, Leg E of the current megaphone pattern, Major Wave IV, should cause the current correction (of minor waves 1 through 5) to be the most severe since the bottom in 1932! Leg E should bottom below leg C of the megaphone pattern. The quarterly chart of the D. J. I. A. on the next page shows that Leg [ E ] of the megaphone pattern should bottom below the low of leg [ C ]. This illustration shows the 5 minor waves of Major Wave III. Major Wave III

Major Wave II

Page 8: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 8

The low at Leg [ C ] was 6,470.00. The Momentum Indicator at the bottom of this chart indicates that in spite of the continuing rise in the D. J. I. A. for more than the last 2 years, the momentum of this more than 2 year rise has been declining. In addition to that …

DOW JONES INDUSTRIAL AVERAGE QUARTERLY

Page 9: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 9

… every bear market since the Federal Reserve System was created in 1913 has not bottomed until it went beneath the green shaded area!!! While this collapse in the D. J. I. A. and the S & P 500 is taking place we should benefit by …

Page 10: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 10

… a rampaging, humongous bull market in gold, silver and their shares. Gold and silver have completed Running Flat Corrections and the momentum indicators are moving up sharply. This is telling us that … “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

GOLD QUARTERLY

SILVER QUARTERLY

Page 11: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 11

Gold bullion made a double bottom @ $255.80 in the June 2001 quarter. The Dollar Index topped @ 121.29 in September 2001 quarter. Gold Bull Market correction began @$1,033.90 in the March 2008 quarter. Dollar Index Bear Market correction began @ 71.05 in the June 2008 quarter. Gold Bull Market correction bottomed @$1,045.40 in the December 2015 quarter. Dollar Index Bear Market correction topped @ 103.625 in the March 2017quarter.

“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

GOLD QUARTERLY

DOLLAR INDEX QUARTERLY

Page 12: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 12

It appears that not many (if any) market analysts accept or recognize as fact that the high in gold at $1,923.70 was simply wave [B] of an [A], [B] [C] Running flat correction in its bull market. The fact that the Dollar Index soon after Gold toped at $1,033.90 bottomed at 71.05 and began its bear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index were in synch.

“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

GOLD QUARTERLY

DOLLAR INDEX QUARTERLY

Page 13: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 13

The Dollar index has completed a Zigzag bear market correction. It has topped and is headed SOUTH (down). DOLLAR INDEX QUARTERLY

a. Zigzag Pattern

Page 14: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 14

DOLLAR INDEX MONTHLY

Page 15: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 15

Due to the Running Flat correction in gold and the apparent topping of leg [D] in the Dow Jones Industrials megaphone pattern we may soon witness a huge move up in gold and a horrendous collapse in the Dow Industrials. The Dow Industrials may bottom below the low at leg [C] which was 6,470.00.

WELCOME ABOARD THE U.S.S MESS PRESIDENT TRUMP! GOLD QUARTERLY

DOW JONES INDUSTRIAL AVERAGE QUARTERLY

Page 16: THE ROSEN MARKET TIMING LETTERbear market 5-3-5 (A, B, C,) bear market correction validates as fact that the timing of the bull and bear market corrections in gold and the Dollar Index

COPYRIGHT 2004-2017, RONALD L. ROSEN 16

FOR SUBSCRIPTION INFORMATION

https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter

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.