911 replies to this topic

[gannman]

off of the feb 20 top in gld we are imo doing an abc pullback 

 

when gld takes out 126 we should be good to go on the upside

[jabat]

 

[K Wave]

Starting to look like Silver has once again failed to punch through key pivot zone...downtrend still intact at this point....

 

 Yep, that was an ugly looking failure yesterday on the second breach of 15.40...not surprised at all that it is in full tank mode now....

 

All time frames back in gear downside now....

 

Will try longs again if it can reclaim 15.40, but the meantime, could go quite a bit lower if 15.00 doesn't hold.....that was a really bad failure on bulls part, and unless they can correct their failure relatively quickly (which is possible if 15 holds), this could be the start of a whole new leg down...

[hhh]

GDXJ is showing good relative strength to gold by holding the 50% retrace against gold exceeding 61.8%. This probably typical end of month gold smashing.

[dharma]

i expected this .the latest rally had an ugly structure.  now what

the captain has thisas a flat ending @1280.  i doubt that 1280 holds . the shorts will probe that area to trigger stops so i am looking in the 1250-1260 area for the new moon on april 4th. ibelieve this will end an A B C not a new impulsive wave down. and then the next impulse wave takes hold. above the last  high is the indication that it has started. 

my question w/rates falling world wide is who will buy government debt.?  so governments will be forced to print  fresh fiat. 20 is the presidential election the field is filled w/contenders.  they look at trump and say i could do that. the seeds will be sown for the upcoming stagflation. the 2nd 1/2 of 19 will be kinder to the bulls. 

stock bulls are in trouble, they party on. spy made new highs nothing else did.

dharma

[dougie]

1160 possible
GDX Jan gap fill

[senorBS]

SLV has the clearest wave count to me, big 5 up from Nov low and now in wave C of an ABC decline with minimum objective below wave A met today, there is a possible gap fill down at 13.91-13.92 which is also right where the .618 Fibo retraces resides, how low does wave C go in the big Q, as low as 13.59 if the two legs are equal, 

 

what is wild here is how well NEM/GG and even GOLD are acting and are trading in relation to their respective lows, and where stocks like CDE and HL are not that far away from last years lows

 

Senor

Edited by senorBS, 28 March 2019 - 02:53 PM.

[stubaby]

1160 possible
GDX Jan gap fill

Possible dougie, but I see a USD turn lower, once the current move up completes - so I am with dharma looking for 'bounce' and defense of 1,280 with failure and quick move towards 1,250ish to complete the Wave C

[gannman]

i think on gld we have a move down to about 120 or 119 area

 

all fwiw it is just a guess

[dougie]

 

1160 possible
GDX Jan gap fill

Possible dougie, but I see a USD turn lower, once the current move up completes - so I am with dharma looking for 'bounce' and defense of 1,280 with failure and quick move towards 1,250ish to complete the Wave C

 

with you