Rick Ackerman

The chart leaves little doubt that June Gold will achieve the 5144.00 target, a Hidden Pivot. If it takes as much time to get there as it did to complete the A-B impulse leg, this should happen within the next ten days or so. A pullback to the green is not inconceivable; it would add more time to the ascent but would also be a gift, since the 'mechanical' buy signal it would trigger would be of the highest quality.  Our main concern should be price action when the uptrend reaches 'D', since a decisive move past it would imply significantly higher prices lie ahead, starting with a test of January's all-time high at 5666.

Although silver's price action has been somewhat more subdued than gold's, I've adjusted the bullish pattern on the weekly chart to produce a rally target commensurate with gold's. A similarity you should be prepared to exploit is that a pullback to the green line would create a very attractive 'mechanical' buying opportunity. We would want to cash out of half the position on a one-level bounce back to p=77.530, since the price action on the chart suggests Silver will be more challenged by gravity to sprint toward d=93.850 once it has left the starting block at the green line.

We caught a favorable breeze after getting long last week at 121.17, the midpoint Hidden Pivot of the bullish reverse pattern shown. We seldom initiate 'mechanical' trades at the red line, but in doing so this time, we may have jumped the gun. The position feels a little precarious, so I'll suggest taking a profit on half when this symbol starts trading on Monday morning. Assuming GDXJ opens above our acquisition price, you should set a break-even stop-loss for the rest.  Odds are still in our favor, given the easy move through p on the way up, and also the fact that it has racked up four consecutive weekly closes above p since the red line was first touched.

This week's chart is so fraught with significance that merely talking about it could create a problem for us, albeit a metaphysical one. First, I will refrain from typing the price associated with the red line, since that would almost surely queer the likelihood it will work as intended. It will work nonetheless, to the extent it tells us with high reliability whether Microsoft is on its way into the stratosphere. This information will be invaluable, since the stock remains the most dependable bellwether we have for the bull market. Is MSFT going to the 556.06 target, or will it instead get stopped dead at the midpoint Hidden Pivot? We shall see. I am quite sure, though, that I have chosen the correct pattern, for one reason: there are no alternatives -- i.e., two of the three coordinates are 'locked', and the third is a glow-in-the-dark choice, if not absolute. I doubt that hundreds of subscribers can keep a secret, but that's what I will ask. Please don't discuss this chart outside of the chat room or disseminate it to outsiders.  For trading purposes, your bias should be bullish at least until the red line is reached.

Is there a tokenized investment in your future? With so many white elephants to unload, Wall Street's rep could come calling on you at any time. He will offer you a virtual piece of America’s future, claiming it will grow wealth for your children and grandchildren.  However, when you sit down with this cheery fellow to go over the fine print, just remember that his brain is nearly identical genetically to that of the seagull that swoops down on your lunch at a seaside café. And exactly which piece of the rock will your hard-earned dollars secure? Almost certainly, the pitch will feature commercial real estate or AI infrastructure. The latter will include not only huge power plants and water coolers, along with acres of computers, but all the hot air exhausted by a Billionaire Boy's Club that has been hustling some of the biggest projects the galaxy has ever seen. Hot Air for Sale​ ​Obsolete skyscrapers and AI's overhyped revenue potential are the chief sources of anxiety in banksters' portfolios these days, with notional sums at risk of perhaps $20 trillion or more, and growing. All of it has been financed to colossal excess by banks that have grown understandably eager to spread the risk onto rubes like you and me. Voila, the tokenized investment! That's why tokens were invented: to divvy up epic chunks of glitz into a million pieces small enough for the little guy to get in on the action. He needn't worry about being shut out, since the deals just keep coming. So greedy and stupid are the lenders that they are still hatching galactic projects even as warning signs flash red. Oracle’s partnership with OpenAI, for instance. This gambit is slated to launch in 2027, and it is valued at $500 billion. The two companies

The 7208.75 rally target has excellent potential as a place to get short, although we shouldn't expect it to contain the stampede. With a conceivably perpetual cease-fire in the offing, this would seem to be the kind of uncertainty Wall Street can live with. Trump might wind up achieving none of his key objectives in the war, but that hardly matters to investors stoked by greed from the stock market's robust performance amid an ostensible global crisis. The nearest significant obstacle is a midpoint Hidden Pivot at 7230.25, but if the futures shred it, the previously mentioned 8107.25 target will be in play.

Rates on the Ten Year have receded from a high-water mark two weeks ago of 4.48%, a threshold that came close to throttling mortgage activity with a move above 7%, as well as all other forms of debt financing. It's difficult to predict at the moment how much more relief borrowers will get, but T-Notes seem likely to fall to at least 4.18% from a current 4.32%. If they touch that Hidden Pivot, any bounce would presumably be merely corrective, since it would follow the creation of a bearish impulse leg via a penetration of March 17's important, 41.89 low. ______ UPDATE (April 24): Last week's steep ascent created a fresh impulse leg on the daily chart. The 4.18% downside target has receded, but it remains theoretically viable. We'll need to monitor two Hidden Pivot levels closely to see whether bulls are about to resume their advance. They lie at 42.91 and 42.50, the respective midpoint and secondary supports of a downtrending rABC begun from March 13's 43.51 high. If interest rates are about to rise anew, watch for this vehicle to bounce from 42.91 and continue higher.

I am treating Friday's low at 80.56 as potentially important, since the pattern from which it is derived took more than five weeks to play out. Only two coordinates are shown for proprietary reasons, but the other two are easy enough to identify if you care. Notice that the low missed the actual target by 85 cents. I suspect this was due to front-running, which if true would mean the clowns and algos have gotten better at playing our game. That's okay, though, since we can keep a step ahead of them simply by using reverse-pattern triggers as detailed in the Hidden Pivot Course. Most immediately, expect more upside to at least 89.04, a minor 'd' target.  If it is easily exceeded, especially on first contact, that would suggest the recent low is likely to hold for a while and that quotes are headed back toward $100/barrel or higher.

The 7230.25 midpoint resistance shown is my minimum upside objective for the near term. It will pose a crucial test for bulls, since a decisive penetration, especially on first contact, would imply that the rally is likely to continue. The immediate objective thereupon would be p2=7668.75, but as always, a swift move through it would clear a path to as high as 8107.25, the D target.  The 7230.25 pivot is a must-short, provided you're adept at using 'camo' triggers to curtail entry risk. The technique is described in the Hidden Pivot Course I've made available for free to all old subscribers and to new ones who have signed up for a full year.