TraderStef on Operation Freedom – Live w/Dr. Dave Janda on WAAM 1600AM Talk Radio, Nov. 8, 2020

TraderStef on Operation Freedom – Live wDr. Dave Janda on WAAM 1600AM Talk Radio, Nov. 8, 2020

I had the pleasure of being a return guest this past Sunday on live radio with Dr. Dave Janda’s Operation Freedom. Here is the interview on YouTube with notes, articles, and two video clips to follow along the way. The gold chart does not reflect Monday’s price action and confirms the technical analysis discussed during the interview.

“I’ve been saying if POTUS does not humble himself and get real in public about the COVID-19 SARSCoV2 pandemic Herald Wave, odds of his re-election will turn out be a Shakespearean Tragedy for all of us. Bannon urging action this morning… https://t.co/K7TtHI6s3x ” – TraderStef, Jul. 19

Definition and Characteristics of Shakespearean Tragedy... “Shakespearean tragedy has got its own specific features, which distinguish it from other kinds of tragedies. It must be kept in mind that Shakespeare is mostly indebted to Aristotle’s theory of tragedy in his works… The word tragedy was derived from the Greek word tragoidia, which means the song of the goat.’ It is called “the song of the goat” because in ancient Greece the theater performers used to wear goatskin costumes to represent satyrs… The 9 Elements of Shakespearean Tragedy at a Glance… Today in theater and literature a tragedy is a work that has an unhappy ending. The ending must include the main character’s downfall.” – OwlCation, Jul. 2020

Gladiator – The Last Scene

The American Experiment Is on Life Support… “‘Death to America!’ is a common refrain from antifa rioters from Portland, Ore., to Kenosha, Wis. Children are in the streets calling for the country’s destruction while mobs of college kids trash public spaces, filming themselves as though part of a performance-art spectacle… These acts of violence encapsulate five decades of neo-Marxist indoctrination in American schools, colleges and universities. The left’s ‘long march’ through the institutions is all but complete… America’s young, especially those raised in middle-class or affluent homes, have been so brainwashed that they no longer notice how absurd it is to call for the eradication of their own nation-state, and to do so in the lingo of Iran’s mullahs.” – WSJ, Oct. 26

I’m not convinced that this rally to $1,953 is a clean break. The holdup is three-fold. The DMI-ADX on the weekly and daily chart are not yet setup with a bullish Alligator Tongue, the StochRSI and Money Flow on the weekly have not broken out to the upside, and the downward Volume pattern since the Aug. 7 high has not printed a significant trend reversal. After $1,980 is successfully challenged and the indicators noted above improve, the road should be clear for a retest of the 23.6% Fibonacci Extension and beyond. The chart is bullish.

Gold spot daily chart as of Nov. 5, 2020 at 5 pm EST…

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