Quick Update - Market Analysis for Dec 31st, 2021

I am not sure if everyone got this post earlier, but I am sending it out again:

I am strongly considering waiting to do an aggressive trade in the metals complex in GLD, if we get this (i)(ii) further set up and break out.  I think this will be a much safer trade, at least for me.  I really need to see a strong Fib Pinball structure in order to trade aggressively, and this structure would provide that to me.

GLD 8min
GLD 8min
Avi Gilburt is founder of ElliottWaveTrader.net.