Member
Posted 24 June 2019 - 01:24 PM
the move so far from the lows is nowhere close to the move we have seen that started january 2016
i think sure we can get pullbacks but they will be short sharp and quick
a lot of the junior miners have barely moved.. same with SILJ
Classic bottoming pattern on dust...
Member
Posted 24 June 2019 - 01:44 PM
just looking at the charts we are in a wave i of wave 3. this thing has a long long way to go
people are watching the rsi yes its overbought i am not worried about it . once the wave starts
it just keeps unfolding a lot lot higher imho i have wave 3 starting the end of may so we are just
at the beginning
Member
Posted 24 June 2019 - 10:30 PM
just looking at the charts we are in a wave i of wave 3. this thing has a long long way to go
people are watching the rsi yes its overbought i am not worried about it . once the wave starts
it just keeps unfolding a lot lot higher imho i have wave 3 starting the end of may so we are just
at the beginning
When or what price level do you think gold starts wave ii?
Member
Posted 25 June 2019 - 12:59 AM
Looking pretty impulsive tonight, Hadik's peak probably unfolding.
Member
Posted 25 June 2019 - 10:31 AM
just looking at the charts we are in a wave i of wave 3. this thing has a long long way to go
people are watching the rsi yes its overbought i am not worried about it . once the wave starts
it just keeps unfolding a lot lot higher imho i have wave 3 starting the end of may so we are just
at the beginning
WITH U! we are very early in the game,silver has yet to sprint. w/the majority looking for a rate cut,and the history of the fed, the 1st cut will be .5 i suspect , the correction will have a limited downside floor. dsi remains @94 which is near the all time highs of 98 , but it is yet to turn down.i think the miners and silver start their jog after the fed,no matter what they do. bull markets want few riders,most chase. we are in a 3 rd wave here. although the 80experience showed me wave 5s are the biggest and most powerful, while wave 3s are the most broad based. taking out the 13 highs is no small feat. we are in hadiks window.
what came to memory this morning was gold topped jan 22 of 80. the miners topped in oct of 80 and they tacked on another 30-40%after the gold peak
dharma
inflation or better said stagflation is in the cards!food prices will soar
Edited by dharma, 25 June 2019 - 10:35 AM.
Member
Posted 25 June 2019 - 11:00 AM
dsi rose 2 points today hgnsi =54.17% which is below the jan/fed highs of 68%
watching
dharma
Member
Posted 25 June 2019 - 11:58 AM
Sold 'em around 11.39.
Just did a reload in the 11.80s. Hope I learned my lesson to stay in a little longer this time.
Member
Posted 25 June 2019 - 12:26 PM
hourly divergences, looks like the correction begins.gdx had 10straight up days.
a correction is healthy action
dharma
lots of spinning plates
Member
Posted 25 June 2019 - 12:33 PM
I think that was the correction.
Member
Posted 25 June 2019 - 04:32 PM
