look at a chart of the usd as senor pointed out it does not look good at all
the tree grew around the limb, change of season
#381
Posted 19 October 2019 - 02:46 AM
#382
Posted 19 October 2019 - 10:34 AM
look at a chart of the usd as senor pointed out it does not look good at all
I agree in the short term, but until DX breaks 96.7, it's still in a solid uptrend. It's done an unusual double "three drives to a top," so it may be over now, but that bottom trend-line break or bounce will decide it IMO.
#383
Posted 19 October 2019 - 11:53 AM
folks have talked about a big move in silver. now we have a mac cross back above 0 it becomes a possibility
https://pbs.twimg.co...6OeXYAghEfz.png
dharma
Edited by dharma, 19 October 2019 - 11:54 AM.
#384
Posted 19 October 2019 - 12:16 PM
folks have talked about a big move in silver. now we have a mac cross back above 0 it becomes a possibility
https://pbs.twimg.co...6OeXYAghEfz.png
dharma
Silver and SILJ may have the best upside leverage here. This week I talked about the large 5 up in SILJ from May and this week the 50% retrace being hit and gotta like "how" we came off that low. SILJ/SLV ratio I have mentioned as well and IMO it allows/suggesst a BIG upside move dead ahead. Maybe it does not happen but the Ewave and technical set up is there about as good as one could ask. My dos centavos
Senor
#386
Posted 20 October 2019 - 01:32 PM
@hhh thanks i will look for that level
#387
Posted 20 October 2019 - 01:34 PM
i just dont see a lot of downside heree i could be wrong
really waiting to see the highs of 9 24 taken out that would
be the all clear for me
#388
Posted 20 October 2019 - 01:41 PM
@hhh thanks i will look for that level
I based that number on a guess of how fast it will approach the lower trend-line. If it gets there from here in a hurry, it could be as low as 96.3ish.
#389
Posted 21 October 2019 - 08:20 AM
folks have talked about a big move in silver. now we have a mac cross back above 0 it becomes a possibility
https://pbs.twimg.co...6OeXYAghEfz.png
dharma
Silver and SILJ may have the best upside leverage here. This week I talked about the large 5 up in SILJ from May and this week the 50% retrace being hit and gotta like "how" we came off that low. SILJ/SLV ratio I have mentioned as well and IMO it allows/suggesst a BIG upside move dead ahead. Maybe it does not happen but the Ewave and technical set up is there about as good as one could ask. My dos centavos
Senor
Silver lookin bueno this morning, lets see if SILJ and others "light my fire" in a wave 3?
Senor
#390
Posted 21 October 2019 - 10:46 AM
i am a long term bull, in the short term ie the next couple of weeks , i just cant say
then i read this https://www.bloomber...se?srnd=premium what is going on. fed printing 60billion a month jpm "things could get worse" in the money markets . something is going on. and you dont know what it is , do you mr jones
i am thinking to add but being cautious. the rabbit, silver is waiting to bust out.
dharma
i cant help but think w/all the talk of global warming that platinum will not be a desirable investment. the combustion engine is not going to disappear.