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wave 3??!!


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#551 Smithy

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Posted 09 July 2017 - 04:45 PM

Señor, any chance of Friday's daily DSI?



#552 dougie

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Posted 09 July 2017 - 08:08 PM

still like this read



#553 tradesurfer

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Posted 10 July 2017 - 02:19 PM

2 links

 

https://www.barchart...fe-wave-pattern

 

https://www.barchart...r-are-good-buys



#554 senorBS

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Posted 10 July 2017 - 08:01 PM

Señor, any chance of Friday's daily DSI?

just got back in town and was outta touch with internet/phone, 9 or 10% Fri and 13% today in gold, 5-day 13%, 10-day 16.7%, HUI and XAU bottoms in Mar and May modestly broken Fri but regained today and FRI was a 2nd daily divergence from the March low, technical setup looks "potentially" nicely bullish as very oversold here with string of daily divergences and Ewave corrective pattern though not high confidence could have ended Friday. Sentiment also at extremes and I believe COT's improving, we see

 

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#555 senorBS

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Posted 10 July 2017 - 08:03 PM

no signs of bottoming action as far as i am concerned

the cots for gold are very encouraging . the large specs added to shorts and reduced longs. while the commercials substantially reduced shorts and added to longs.  

this is encouraging ,

dharma

waiting 

technical divergences everywhere basis dailies amigo into Friday's lows modestly below Mar and April. those lows easily regained today, MUY interesting but still just UNO day, we see



#556 dougie

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Posted 11 July 2017 - 01:37 AM

What divergence excites you here

#557 senorBS

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Posted 11 July 2017 - 08:10 AM

 

excites? lol Daily RSI bottomed in March with price in XAU/HUI, marginally lower low in May with higher SI and modestly lower low yesterday (and nice norte reversal) with a higher RSI low than May, guarantees nada but patterns like this often seen at important bottoms

 

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#558 gannman

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Posted 11 July 2017 - 06:53 PM

looking at the xau from the 6 27 top i count 3 waves down into the 7 10 low

 

i believe this is a wave iv bounce. we will see if not then we will know it

 

will take off from here i think we go bak to test that low of 7 10


feeling mellow with the yellow metal


#559 gannman

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Posted 11 July 2017 - 08:22 PM

and tonight the scales fell from my eyes and it became clear . we are close to a major rally and the start of wave 3 finally 


feeling mellow with the yellow metal


#560 gismeu

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Posted 11 July 2017 - 08:57 PM

so, tell us, what happened  between 7:53pm (or post #558)

and 9:22pm (or post #559)???

 

Inquiring Minds Want To Know,  gis
If you can't buy Happiness, STEAL IT!