Member
Posted 14 June 2016 - 02:18 PM
An 'M' top may be happening...
Volume capitulation on dust?...
well the bull/bear case of 5th wave top in place vs ongoing 3rd wave norte is at a really interesting juncture as the GDX nears very key support at 25 level, got the popcorn out
BSing away
Senor
Edited by Russ, 14 June 2016 - 02:26 PM.
Member
Posted 14 June 2016 - 04:24 PM
no telling you place your money and you take your bets
Member
Posted 14 June 2016 - 04:25 PM
Yen looks toppy against dollar headwinds?
Member
Posted 15 June 2016 - 06:21 PM
well the bull/bear case of 5th wave top in place vs ongoing 3rd wave norte is at a really interesting juncture as the GDX nears very key support at 25 level, got the popcorn out
BSing away
Senor
GDX held where it had to with a 25.13 low and rallied nicely, bullish case looks good "for now" as decline looks corrective
Senor
Member
Posted 16 June 2016 - 10:46 AM
Senor,
You had a good feeling that the last week go d bottomed. Now we are rallying in what looks like a wave 1 of 3. What is the probable target. By the wave Quad G is back at the new site.
Thanks,
Member
Posted 16 June 2016 - 01:11 PM
Senor,
You had a good feeling that the last week go d bottomed. Now we are rallying in what looks like a wave 1 of 3. What is the probable target. By the wave Quad G is back at the new site.
Thanks,
well this is volatile and interesting, GDX eked out a new rally high, diverged technically again given this reversal back to 25.50, so I guess I can say it could be bullish against a decisive sustained decline below 25.00, however I do not have a warm and fuzzy feeling about the long side at this time.
Senor
Member
Posted 16 June 2016 - 01:35 PM
Senor,
You had a good feeling that the last week go d bottomed. Now we are rallying in what looks like a wave 1 of 3. What is the probable target. By the wave Quad G is back at the new site.
Thanks,
what is his "new site"?
Member
Posted 16 June 2016 - 05:30 PM
Member
Posted 16 June 2016 - 06:51 PM
Seems to me that we might have some sort of 1212 but that is being optimistic
could be, I am pretty clueless on the outcome here so sittin it out with popcorn in hand
