well to be more precise, it has not tmakred THE top but a top of sorts and then we can see some sideways to higher action followed by a more common neg divergence in RSI
out on a limb! bottom for wave 2 in !?
#541
Posted 21 August 2019 - 08:21 PM
#542
Posted 22 August 2019 - 12:25 AM
Interesting chart shows Gold has hit serious resistance in the world currency (The Wocu (contraction of World Currency Unit) is a standardized basket of currencies — the national currencies of the 20 largest national economies measured by GDP, established in 2008.
The basket is reweighed semi-annually according to the relative growth of the economies, whereby constituent currencies are replaced by other currencies should the size of the GDP be overtaken by that of another national economy.
Conceived as an apolitical and global alternative to the ECU, it is used as a reference currency for global investors and companies seeking to mitigate bilateral exchange rate volatility) ....
"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/
#543
Posted 22 August 2019 - 01:39 AM
well to be more precise, it has not tmakred THE top but a top of sorts and then we can see some sideways to higher action followed by a more common neg divergence in RSI
CCI has already diverged on a weekly basis for both gold and gdx etc.
Edited by Russ, 22 August 2019 - 01:42 AM.
"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/
#544
Posted 22 August 2019 - 10:34 AM
the pms are in correction/consolidation mode.lots of uncertainties yet they refuse to give ground . the germans held a 30yr negative yield bond auction yesterday and they didnt even sell 1/2 their bonds. the bundesbank bought the rest https://gracelandupd...2trumpster1.png . so it isnt just me that cant understand why anyone would buy a negative yielding bond
i am quite bullish w/my fear being a stock market crash. i came in this morning and had2 stocks +9%
rambus makes a bullish case for silver https://rambus1.com/ in bull markets surprises are on the upside,
the fed meets and the fate of the markets is determined.if they stand pat, then the crash scenario is on
an interesting view of gold
http://cdn.ceo.ca.s3...AB19AF6426.jpeg
dharma
#545
Posted 22 August 2019 - 11:14 AM
the pms are in correction/consolidation mode.lots of uncertainties yet they refuse to give ground . the germans held a 30yr negative yield bond auction yesterday and they didnt even sell 1/2 their bonds. the bundesbank bought the rest https://gracelandupd...2trumpster1.png . so it isnt just me that cant understand why anyone would buy a negative yielding bond
i am quite bullish w/my fear being a stock market crash. i came in this morning and had2 stocks +9%
rambus makes a bullish case for silver https://rambus1.com/ in bull markets surprises are on the upside,
the fed meets and the fate of the markets is determined.if they stand pat, then the crash scenario is on
an interesting view of gold
http://cdn.ceo.ca.s3...AB19AF6426.jpeg
dharma
Hi Dharma, What is that Dr Elliot wave guy saying now? Not sure if I have the name right. Russ
"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/
#546
Posted 22 August 2019 - 11:35 AM
the pms are in correction/consolidation mode.lots of uncertainties yet they refuse to give ground . the germans held a 30yr negative yield bond auction yesterday and they didnt even sell 1/2 their bonds. the bundesbank bought the rest https://gracelandupd...2trumpster1.png . so it isnt just me that cant understand why anyone would buy a negative yielding bond
i am quite bullish w/my fear being a stock market crash. i came in this morning and had2 stocks +9%
rambus makes a bullish case for silver https://rambus1.com/ in bull markets surprises are on the upside,
the fed meets and the fate of the markets is determined.if they stand pat, then the crash scenario is on
an interesting view of gold
http://cdn.ceo.ca.s3...AB19AF6426.jpeg
dharma
Hi Dharma, What is that Dr Elliot wave guy saying now? Not sure if I have the name right. Russ
russ, captain E wave he sent me this on the 12thhttps://captainewave...waug1219gdx.png hourly https://captainewave...ug1219gdx60.png we are in consolidation mode
gathering strength for the next leg no longer overbought
dharma
#547
Posted 22 August 2019 - 11:57 AM
Bought JNUG at 77.25. I saw a 5th of a 5th on the 1 minute chart. So far so good.
Edited by hhh, 22 August 2019 - 12:02 PM.
#548
Posted 22 August 2019 - 12:44 PM
Yesterday was a big Gold Bradley date: https://bradleysider...urn-dates-gold/
#549
Posted 22 August 2019 - 12:56 PM
#550
Posted 22 August 2019 - 01:37 PM
the pms are in correction/consolidation mode.lots of uncertainties yet they refuse to give ground . the germans held a 30yr negative yield bond auction yesterday and they didnt even sell 1/2 their bonds. the bundesbank bought the rest https://gracelandupd...2trumpster1.png . so it isnt just me that cant understand why anyone would buy a negative yielding bond
i am quite bullish w/my fear being a stock market crash. i came in this morning and had2 stocks +9%
rambus makes a bullish case for silver https://rambus1.com/ in bull markets surprises are on the upside,
the fed meets and the fate of the markets is determined.if they stand pat, then the crash scenario is on
an interesting view of gold
http://cdn.ceo.ca.s3...AB19AF6426.jpeg
dharma
Hi Dharma, What is that Dr Elliot wave guy saying now? Not sure if I have the name right. Russ
russ, captain E wave he sent me this on the 12thhttps://captainewave...waug1219gdx.png hourly https://captainewave...ug1219gdx60.png we are in consolidation mode
gathering strength for the next leg no longer overbought
dharma
Thanks Dharma, a little different than what I see but I could be wrong but I doubt I am.
"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/