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based of the position of the dayily macd on the hui i see


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#1 gannman

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Posted 08 February 2017 - 04:52 PM

the potential for a very large up day say 10 to 15 points. this is just my humble interpretation i could be wrong of course


feeling mellow with the yellow metal


#2 gannman

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Posted 08 February 2017 - 04:56 PM

that little pullback today into 1 50 pm might be all we get it is a wave 3 we will see


feeling mellow with the yellow metal


#3 gannman

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Posted 08 February 2017 - 05:07 PM

basically we could be at 46 on gdxj very quickly just my take


feeling mellow with the yellow metal


#4 dougie

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Posted 08 February 2017 - 06:02 PM

 you might well be right. However in the past few years (albeit they were bear market years and now we might be bull) the weekly Full Stoch reaching the 80 line meant pullback 7 out of 8 times.

 

Perhaps of this is now a BULL MaRKET, that relationship will not matter.



#5 gannman

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Posted 08 February 2017 - 08:01 PM

cant use the same rules here this is a bull market imo


feeling mellow with the yellow metal


#6 dougie

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Posted 08 February 2017 - 10:07 PM

Could well be