Jump to content



Photo

bottoming process continues


  • Please log in to reply
911 replies to this topic

#661 dharma

dharma

    Member

  • Traders-Talk User
  • 9,621 posts

Posted 16 April 2019 - 10:28 AM

i really see us entering into an upward acceleration phase starting in may/june this is the prelude to that. where ever we bottom .
here 1250 i cant say. buti think an upside acceleration takes place relatively soon
dharma

#662 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,661 posts

Posted 16 April 2019 - 10:36 AM

i really see us entering into an upward acceleration phase starting in may/june this is the prelude to that. where ever we bottom .
here 1250 i cant say. buti think an upside acceleration takes place relatively soon
dharma

I agree dharma - bearish sentiment is finally building again - maybe need more of a washout in Gold - 1.230-1,250 is my ST target - could be a spike low and daily reversal - Silvers relative strength got my attention this morning - my interest level is finally increasing!

 

http://schrts.co/dDbAGdWW

http://schrts.co/SkKBTZjP

 

which way will she go?



#663 mark_goal

mark_goal

    Member

  • Traders-Talk User
  • 25 posts

Posted 16 April 2019 - 12:24 PM

stop on gdxj hit :(



#664 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 16 April 2019 - 05:08 PM

we have a head and shoulders pattern in gdx not good. back to watching until

 

i can see some proof no more buying we need to rally strongly simple as that


feeling mellow with the yellow metal


#665 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 16 April 2019 - 05:34 PM

 

big Q this morning is whether this current break  below 1280 is an ending pattern or we might head significantly lower, so far silver has not made a new low and silver has been weaker than gold up to this point, very key day today

 

Senor

 

like the SLV action so far as it has not made a new low,, did some miner buying with fairly tight stops, now 50% long, make or break here, as always DYODD

 

Senor

 

not a bad day especially in SLV which is where I am focused since it has what I believe is a much clearer bullish wave count. Took off my aggressive trade for a very small JNUG loss of 4 cents. 65% of my current 50% long position is in SLV and silver miners (SILJ included) which in general have been much more beat up them most other stuff. Continues to be a critical juncture

 

Senor



#666 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 17 April 2019 - 01:47 AM

how low can she go



#667 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 17 April 2019 - 07:52 AM

how low can she go

re "my girl silver" little downside left IMO, short term gold I can see one more $7-12 perhaps leg down. If ya can't see the bullish silver set up I don't know what to tell ya

 

and...Nice significant decline underway in GSR off that recent multi-decade high and SLV/silver's individual wave patterns and technical IMO looking very constructive for a key secondary low being put in place, love the int term risk/reward from the SLV 14 area

 

Senor


Edited by senorBS, 17 April 2019 - 07:54 AM.


#668 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 17 April 2019 - 08:00 AM

lol just noticed my last post was # "666", given Dougie's "visuals" I guess thats appropriate! and thx or those visuals amigo - did not need my coffee this morning!

 

NO BS

 

Senor



#669 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 17 April 2019 - 08:53 AM

did a bit more nibblin this mornin

 

Senor



#670 dharma

dharma

    Member

  • Traders-Talk User
  • 9,621 posts

Posted 17 April 2019 - 11:13 AM

i dont see signs of a bottom,,,,,,,,,,,,,,,yet
dharma