Fib
Edited by fib_1618, 11 April 2015 - 02:26 PM.
Every Picture Tells A Story, Don't It?
Started by
fib_1618
, Apr 11 2015 02:18 PM
16 replies to this topic
#1
fib_1618
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Posted 11 April 2015 - 02:18 PM
Kinda scary looking, huh?
Fib
Fib
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#2
johngeorge
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Posted 11 April 2015 - 02:43 PM
Fib
I'll say it looks scary. Certainly appears the miners are in for more downside. That figures as I bought JNUG the other day. 
Sitting on a small loss now. Howsoever.......gold may rally from here which would drag the miners higher I would hope. (There's that word again) The strong dollar makes for very tough resistance!!! I look to gold support @ 1231 for a rally higher.
Thanks for the always great technical work you share. 
Sitting on a small loss now. Howsoever.......gold may rally from here which would drag the miners higher I would hope. (There's that word again) The strong dollar makes for very tough resistance!!! I look to gold support @ 1231 for a rally higher.
Thanks for the always great technical work you share.
Peace
johngeorge
johngeorge
#3
risk_management
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Posted 11 April 2015 - 04:17 PM
Wow. Thanks for posting that.
#4
fib_1618
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Posted 11 April 2015 - 04:54 PM
Thank you for the kind remarks.Thanks for the always great technical work you share.
For those who don't know, I've also been posting the subscriber based Weekly Breadth Data reviews, on a 10-12 day delayed basis, over on the Market Analysis board that might be of further interest.
I suggest starting with the oldest post from January first and in that way you can get a good rhythm of the story that global money has been telling over the last couple of months.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#5
Russ
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Posted 11 April 2015 - 07:17 PM
I have trends for a peak early this coming week, maybe monday or tuesday, I agree with others that the lows should come in this summer, maybe june but could even be later into Aug or Sept.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#6
SemiBizz
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Posted 11 April 2015 - 10:17 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#7
tria
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Posted 12 April 2015 - 04:56 PM
In the long run Fib this chart will prove bullish for Gold and for the surviving strong and healthy Gold miners.Kinda scary looking, huh?
Fib
As to why, think about it.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
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#8
dougie
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Posted 12 April 2015 - 07:48 PM
Fib: have those sort of divergences EVER been resolved positively for gold and when if so? THANKS
http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=gld&uf=0&type=4&size=4&sid=3219852&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=5&rand=1712602909&compidx=aaaaa:0&comp=uup,%20fxe&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=635&width=1045&mocktick=1.gif
#9
fib_1618
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Posted 13 April 2015 - 02:24 PM
Not to my knowledge.Fib: have those sort of divergences EVER been resolved positively for gold and when if so? THANKS
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#10
SilentOne
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Posted 14 April 2015 - 07:22 PM
Not to my knowledge.Fib: have those sort of divergences EVER been resolved positively for gold and when if so? THANKS
Fib
You seemed to have missed the Christmas low ...?
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
