VKM

"The only fight that matters is the one you’re in”

[VKM @vkmimani]

SKI sold yesterday's (7/10/26) close, thus closing out 6/5/2026's buy for about 6% loss. For followers of Jeff's work, yesterday's buy signal is not valid, dangerous because it's juxtaposed. Plus we avoid the 2nd short-term buy signal after the longer-term sell signal...

[VKM @vkmimani]

@Brankoasko93725 US mkts closed Friday, Jul 3

[VKM @vkmimani]

SKI Gold Stock Prediction System bought at today's close

[VKM @vkmimani]

@Brankoasko93725 now that userx 16-20 sell signal has generated, the next signal WILL be EITHER 16-20 true buy (on weakness) OR XXed Out 35-39 "buy" (on strength)

[VKM @vkmimani]

@StealthQE4 @DavidBCollum The difference between then and now is then you could have hid out in government debt

[VKM @vkmimani]

@Brankoasko93725 my notes say 1dn/2up(>5%)=SURGE, when 1dn occurs at (very near ) a low = 80+% of intermediate-term (multi-month) low. When not at an intermediate-term low, THEN typically (not always) marks a high. Following Run Pattern analysis on this 92-96 bull has led me astray...

[VKM @vkmimani]

Interpreting Jeff and Colleague's SKI Gold Stock Prediction System. Colleague died in 2022 and Jeff in September 2024.

[VKM @vkmimani]

@Brankoasko93725 Yup

[VKM @vkmimani]

@Brankoasko93725 This 92-96 true bull run from Mar 19 was all kinds of tricky. I could have used Jeff's guidance. Oct 17 looks like a meaningful day - we shall see. IF IF IF 16-20 buy generates, it will be the 4th 16-20 buy on this run (5/14, 7/1, 8/1). Glad you are back...

[VKM @vkmimani]

@Brankoasko93725 7/22/25's 16-20 [email protected] was accompanied w/ a 3dn/3up run pattern = 80%probability of marking either low or high (not both)
8/1/25's 16-20 buy is XXed Out b/c of preceding 35-39 sell on 7/31/25

[VKM @vkmimani]

SKI Gold Stock Prediction System + Run Pattern Analysis marks 7/22/2025 as some kind of top.

[VKM @vkmimani]

@rcwhalen @judyshel @SenTedCruz @SenRickScott @SenRonJohnson @BasedMikeLee Please explain why? I’ve thought of interest paid on bank reserves as a subsidy for the banking sector implemented during the GFC…

[VKM @vkmimani]

@Brankoasko93725 Looks like we are getting our post 92-96 buy drawdown

[VKM @vkmimani]

@markminervini I know you're from New Haven. Minervini's Pizza must have been great.

[VKM @vkmimani]

Attn: Gold bugs

[BMGold @Brankoasko93725]

VisualSKI - USERX and https://t.co/tyyzrWO3Nd SKI charts

https://t.co/N18AuRJWGE

USERX, $14.84, +0.95%
The 92-96 index has generated a true bull buy signal. To sell tomorrow, the price would need to drop to $13.76 or lower (-7.28%), which seems unlikely. The structure of this signal is proper for a true bull market, though it does not guarantee one.
The current run pattern is 1 down, 6 up (+2.15%/day). When this upward run is interrupted by a first down day, that day is likely to mark a top. This aligns with historical patterns, where 92-96 true bull signals preceded by a 16-20 sell signal typically mark the start of a drawdown.
If this bull market is successful, the drawdown rule applies:
The bigger the drawdown, the stronger the bull market.
The decline should at least hit/touch the 16-20 index support over several weeks.
The most bullish scenario would be a 35-39 sell signal, followed by a 35-39 buy signal, marking the start of the SKI express train.

How We Got Here
The October 2023 bottom was marked by an 881-885 buy signal, followed by a classic SKI sequence:
1. 16-20 true buy
2. 35-39 XXed buy
3. 92-96 XXed buy, marking the top
The subsequent correction stopped short of selling the 92-96 index by a single day. On that precise day, it became clear that the market was behaving like a true bull market, so I went all in, expecting a push toward $10.28 (2016 top).
That’s exactly what happened, and on the day when $10.28 was broken, the long-term indexes (218-222 and 439-443) bought, generating a strong long-term double buy signal. Propelled by these signals, the price surged for months, eventually breaking the resistance line from the 2020 top (around $12) before peaking in October 2024.
The October 2024 top was marked by a 3 down, 9 up run pattern (+1.26%/day), with a peak price of $14.85.
From the 92-96 buy signal up to this top, I managed my exposure between 25% and 100%, staying mostly around 75%.
At the top, I reduced to 25%, expecting a correction that would sell and rebuy the 35-39.
Instead, it went further and sold the 92-96, ending the bull signal.
The 92-96 sell missed the bottom by one day. Also, there was a key detail:
The bottom was marked by a 3 up, 6 down run pattern, where the down days averaged more than 2%, a classic "life run" pattern, which suggests very long-term bullish implications.
Since then, the price has risen and produced several false 92-96 buy and sell signals, as I noted at the time.

Current Structure and Concerns
The Elliott Wave structure since the bottom suggests we are in a wave 3 of a 1-2-3-4-5 bullish wave.
A concern is that the 92-96 true bull buy is being generated exactly at the 2024 top of $14.85, just as gold reaches the $3,000 milestone.
The run pattern is pointing to some kind of a top here.
I’d be less unhappy if the run continues beyond the previous top before turning down.

Summary
An important and potentially very bullish 92-96 buy signal has been generated.
Long-term buy signals remain intact (218-222 and 439-443), including the potential "life run" low from just three months ago.
A drawdown is expected because, in nearly all similar past situations, a drawdown followed except for one case.
Let’s see what happens next.

https://t.co/tyyzrWO3Nd, $10687, +0.95%
The overall setup remains unchanged. The $10,699 target has been reached (100% Fibonacci extension). The next target is $11,449, established by the July 2024 breakout.
Once again, the session closed at an all-time high.
A 16-20 index sell signal has been executed, and the 100% Fibonacci extension has been met. If today the XGD closes down despite the AUD price of gold being up 1.47% and closing at an all-time high, we may have reached the top.
The 92-96 true bull signal is not at risk of selling soon.
I am 60% long and looking to add on weakness.

#USERX #GOLD #SILVER #GoldStocks #AussieGoldStocks

[VKM @vkmimani]

Attn: Gold bugs

[VKM @vkmimani]

@Brankoasko93725 i have current run pattern as 1dn/2up(14.04)/3dn/1up

[VKM @vkmimani]

Would EWT Practitoners say we are in 5th and Final Wave? Is this why Gold Stocks are struggling - discounting the end of the road from $35 to $3000ish? Interesting to see this as President Trump and DOGE attempt to reverse half a century of government expansion