bart chilton passed yesterday
this is the new plan being bandied about https://www.cnbc.com...ive-easing.html
the fed announces tomorrow.so i dont expect much to happen.we are starting in my window .
dharma
bottoming process continues
Started by
dharma
, Nov 27 2018 04:01 PM
911 replies to this topic
#732
Russ
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Posted 01 May 2019 - 10:53 AM
Dust projection for a high around May 20 but it could extend out into late May to early June as some of the other charts are showing.
"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/
#733
dougie
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Posted 01 May 2019 - 02:20 PM
the games here look encouraging imo
#734
dharma
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Posted 01 May 2019 - 02:31 PM
the fed is sitting,next year is the election. the incumbent needs to have things looking good for reelection. so they will spend alot of money. powell saying inflation is below expectations may be fed speak for we are going to lower rates!!!?
my cycle comes in starting the 3rd-6 i have to say in 40yrs of doing this i had never seen platinum at a discount to gold until fairly recently. i see a 5 wave advance in platinum and we are in wave 2 here , which as of today has a divergent bottom w/lower lows in price and higher oscillator readings.so it has my attention. havent added yet. but watching. still waiting for a catalyst for the sector. the 30-34 week cycles bottom next week. its amazing how slowly things are developing
all the while the low prices are enticing cbs into building their reserves. i am skeptical about the figures i am reading. all the while the dollar is becoming less of a reserve currency
dharma
#736
dougie
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Posted 01 May 2019 - 03:20 PM
Dang Stu: if you nailed this one a beer is on me next time you are in Hawaii
#737
senorBS
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Posted 01 May 2019 - 07:53 PM
I agree as I wrote earlier today about many potential wave 5 of C's (XAU/GDX/GDXJ/HUI) potentially nearing a bottom, all have done "enough", now we look for possible signs of a low
Senor
#738
CLK
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Posted 02 May 2019 - 08:20 AM
Gold decimated again. Back to 1100 eventually.
#739
senorBS
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Posted 02 May 2019 - 09:00 AM
got a shot for a low here this mornin with technicals very oversold and "possible", lets me stress "possible", wave v of C's bottoming, we see
Senor
#740
senorBS
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Posted 02 May 2019 - 09:54 AM
seeing some capitulation type action IMO in silver stocks like PAAS/CDE/HL with over 5% declines today after already huge percentage declines and all are at new lows since 2016 highs, possible key day
Senor
