One count would be an abcde wave 2 pennant completed yesterday
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Edited by dougie, 06 August 2014 - 12:00 PM.
the next leg
Started by
dharma
, Jul 28 2014 09:37 AM
71 replies to this topic
#51
dougie
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Posted 06 August 2014 - 11:55 AM
GDXJ:
One count would be an abcde wave 2 pennant completed yesterday
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One count would be an abcde wave 2 pennant completed yesterday
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#52
dougie
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Posted 06 August 2014 - 12:00 PM
could be that that pennant needs a bit more work yet though
#53
dharma
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Posted 06 August 2014 - 02:21 PM
i look for some weakness on the open tomorrow. not doing a thing
dharma
#54
dougie
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Posted 06 August 2014 - 08:19 PM
very short term, charts show 5 up this am with a corrective looking move since, perhaps a C down in AM?
The 5 up should have at least a brother
#55
dharma
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Posted 06 August 2014 - 10:18 PM
alot of talk w/the brics. could the dollar come under pressure?
draghi front and center tomorrow.
dharma
#56
dharma
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Posted 07 August 2014 - 09:56 AM
qe tried? did little
0interest rates tried , did little to revive the economy
gold re valuation -next?
could be down the road
full moon sunday
lots and lots of fundamental supports for gold
lets see what happens.
just sitting
dharma
#57
dougie
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Posted 07 August 2014 - 11:48 AM
In the ST time frames i don't see this acting at all like a 3 up if yesterday was a 1 and 2 completed this am.
http://scharts.co/1AXNbso
http://scharts.co/1AXNbso
#58
stubaby
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Posted 07 August 2014 - 02:26 PM
In the ST time frames i don't see this acting at all like a 3 up if yesterday was a 1 and 2 completed this am.
http://scharts.co/1AXNbso
Dougie:
Hard to chart correctly IMO the 3 X levered ETF's - I ALWAYS chart the underlying.
stubaby
#59
dougie
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Posted 08 August 2014 - 01:58 AM
i hear that all the time and yet I see no diff in these 10 minute charts:
http://scharts.co/1lGm3UW
http://scharts.co/1lGm3UW
In the ST time frames i don't see this acting at all like a 3 up if yesterday was a 1 and 2 completed this am.
http://scharts.co/1AXNbso
Dougie:
Hard to chart correctly IMO the 3 X levered ETF's - I ALWAYS chart the underlying.
stubaby
#60
dharma
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Posted 08 August 2014 - 09:54 AM
market poised for a surprise. watching the dollar. lots of geopolitical events
lots of debt world wide. all the while the flow of gold(wealth) from west to east.
few are paying attention. he who has the gold , makes the rules.
dont let history enter into.
1341 ends this price cycle 1358 starts the next price cycle
dharma
look to india and china
http://economictimes...ow/39868164.cms
having lived in india for more than 3 years, i can say, they look @gold as an investment. one in times of turmoil and need is there steady. they dont sell weakness. they accumulate.
lots of debt world wide. all the while the flow of gold(wealth) from west to east.
few are paying attention. he who has the gold , makes the rules.
dont let history enter into.
1341 ends this price cycle 1358 starts the next price cycle
dharma
look to india and china
http://economictimes...ow/39868164.cms
having lived in india for more than 3 years, i can say, they look @gold as an investment. one in times of turmoil and need is there steady. they dont sell weakness. they accumulate.
