GLD printed above $260 today, but it will take a close above that level to trigger our Buy Pending from last week. Expect a week full of news, including earnings, to push and pull at the markets before tradable trends can be identified. Arbitrary as it may seem, having price levels to trigger trades has been working for this service for 15 years and if you have your own triggers, use them. A wise trader once said, "Find something that works...then trade it." Best trading system yet. GLD If GLD breaks out, Wave 5 target is $325, taking highlighted calls up 10X. QQQ Parameters from Weekend Update still hold, QQQ needs a break below last week's low, 510.15, to confirm third wave decline. A close below trend line connecting last week's lows would target wave iii and v (circled). TSLA Wave (iv) finally looks complete. Needs a new leg up to confirm.
