Silver moving back up is looking good.
out on a limb! bottom for wave 2 in !?
Started by
dharma
, Jun 03 2019 10:55 AM
1010 replies to this topic
#742
dharma
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Posted 09 September 2019 - 02:24 PM
a little more time
https://pbs.twimg.co...=png&name=small
dharma
dsi=72
Edited by dharma, 09 September 2019 - 02:31 PM.
#743
senorBS
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Posted 09 September 2019 - 03:18 PM
yep, like seeing this correction, corrections in bull markets often fast and furious and would say we have that is spades here, love the SILJ:SLV ratio chart showing 50% correction after 5 up from the major correction low (May 30th 2019) of the 2016 rally. No guarantees but death/taxes/tweets but that tells me the next leg up in the silver stocks could be a bell ringer of course that assumes a bull market outlook which I do.
Senor
#744
dougie
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Posted 09 September 2019 - 05:43 PM
What would make you question bull market outlook?
#745
linrom1
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Posted 09 September 2019 - 07:14 PM
What would make you question bull market outlook?
Bearish counts by ewavers? I want to see the BOUNCE!
Edited by linrom1, 09 September 2019 - 07:15 PM.
#746
Russ
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Posted 09 September 2019 - 10:44 PM
There goes your 1500 support...
"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/
#747
hhh
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Posted 09 September 2019 - 11:33 PM
'tis but a C-wave.
#748
gannman
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Posted 10 September 2019 - 01:43 AM
i still have not seen a .382 retrace in anything yet
maybe we get it maybe we dont i dont know maybe its
goes to a .5 retrace none of us know. but the move up was
impulsive we are in limbo. for the bulls we want to see new
highs in everything for the bears they want to see a crash
i am in the bullish camp fwiw
feeling mellow with the yellow metal
#749
gannman
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Posted 10 September 2019 - 02:02 AM
one other point here if you say gld started this move on may 21 at 119.83
and finished it sep 4 at146.82 that is a move of just about 270 dollars
gld or gold vibrates to the number 9 27 being a multiple of 9
the implication to me is that the next leg for gld after this correction
will be at least 400 dollars lets say 400 to 450 dollars . if we pull back
to 136 on gld and then go 400 bucks that puts us at 175 .
now this is just a scenario. i am not tied to it is is a possibility
lets see how it plays out i think the upside is a lot greater than the
downside. i could be wrong happens all the time but i like what i see fwiw
Edited by gannman, 10 September 2019 - 02:03 AM.
feeling mellow with the yellow metal
#750
gannman
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Posted 10 September 2019 - 02:06 AM
in the above scenario i have wave iii of this move starting starting may 28
and finishing aug 15. i am talking about gld just to be clear
all fwiw
feeling mellow with the yellow metal
