Back Testing CPI

Back Testing CPILesson 2 of 115 min read

All four agree

The first reading. Gold before the release, with every chart pointing the same way, and the decision that gets made anyway.

The first market is gold, read the normal way before the New York morning opens.

What was on the screen

Gold is trading at 2,455.

The weekly is making higher highs and higher lows. So is the daily. The 4 hour agrees and the 1 hour agrees. Four charts, all of them buyers.

Four charts pointing the same way, and nothing on any of them in the way.

What that would normally mean

Module 34 counted the charts and module 36 weighted them. Four in agreement is the best case the routine produces.

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