911 replies to this topic

[dharma]

european banking index not performing well

db making new lows

heads up

dharma

[dougie]

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

that works for me

[Russ]

 

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

that works for me

 

That looks to be captainEwave's view

[senorBS]

 

 

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

that works for me

 

That looks to be captainEwave's view

 

nice early pre-market action, really liking that CEF chart for a possible wave 2 bottom, DXY sentiment in high 80's and silver/gold low to mid 20's. Have seen metals in single digits but this is a low as they have been for quite a while. Key is whether this is just a bounce or something more tangible. we are certainly oversold enough and have really capitulated is some miner areas for a big time low, stock market also looks ripe for a 10% plus fall, we see

 

Senor

[senorBS]

 

 

 

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

that works for me

 

That looks to be captainEwave's view

 

nice early pre-market action, really liking that CEF chart for a possible wave 2 bottom, DXY sentiment in high 80's and silver/gold low to mid 20's. Have seen metals in single digits but this is a low as they have been for quite a while. Key is whether this is just a bounce or something more tangible. we are certainly oversold enough and have really capitulated is some miner areas for a big time low, stock market also looks ripe for a 10% plus fall, we see

 

Senor

 

was that a 5th wave exhaustion gap in UUP with the up opening to new highs and current reversal underway?

 

Senor

[dharma]

db has my attention,, one of the "derivative kings"  it has taken out its momentum divergences .if this stock is in trouble , the world is in financial trouble

negative rates in europe are unprecedented  in history.  little attention being paid to banks in the press. trade tensions are the talk. trade wars lead to shooting wars and that is my concern.  too early to say,if gold has ma8de a bottom,but i believe we are close.8 years of bear market after 11 years of higher highs every year in gold seems about right. there are so many spinning plates right now.+next year is an election.the incumbent will spend alot of money to have the economy looking good. the proclamations by the fed of low to dead inflation are troublesome. seems everything i buy costs more.

patience and more patience.  the return of kwave will be a sign

dharma

[stubaby]

 

 

 

 

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

that works for me

 

That looks to be captainEwave's view

 

nice early pre-market action, really liking that CEF chart for a possible wave 2 bottom, DXY sentiment in high 80's and silver/gold low to mid 20's. Have seen metals in single digits but this is a low as they have been for quite a while. Key is whether this is just a bounce or something more tangible. we are certainly oversold enough and have really capitulated is some miner areas for a big time low, stock market also looks ripe for a 10% plus fall, we see

 

Senor

 

was that a 5th wave exhaustion gap in UUP with the up opening to new highs and current reversal underway?

 

Senor

 

caught my eye too - follow thru down would be an important exclamation point here

[senorBS]

also, the new lows in GDXJ/HUI yesterday saw the 2nd daily RSI divergence since the momentum lows in later April, gotta helluva "bullish coil" in place, lets see how much this underwater beach ball can release...

 

Senor

[senorBS]

also, lets not forget that within the past week the GSR hit a multi-decade extreme at 89, and da best goes on

 

Senor

[dharma]

fwiw , my work shows us rallying into cycle highs @months end,the decline from that peak  will reveal the story-either way new lows or higher lows. which should bring us into the seasonal lows https://seasonalchar...ssics_gold.html

dharma