is GDXJ a cup and handle?
wave 3
#991
Posted 18 February 2020 - 11:46 AM
#992
Posted 18 February 2020 - 11:52 AM
so much for the correction into the 20th . gold above 1600 tally ho. gdx still in he gulag are these markets true . manipulated?!
sit back and relax . the world is deep in debt . the corona virus has virtually shut down china, which is the manufacturing base for the world and the band plays on
dharma
ps
i am apolitical
judy shelton actually understands economics she is way qualified for the position. will she get it!? ie fed governor
isn't she the "babe" that likes a gold std? if correct the quotes around "babe" are removed!
Senor
#993
Posted 18 February 2020 - 11:54 AM
Sure looks like "ignition" barring a sharp selloff which to me looks unlikely - got gold/silver and miners? and lets see if KL can surge and stay above 38 - I believe earnings are tomorrow
Senor
Once GDXJ takes out 43, should be upside explosion...could go $10 or more in a hurry
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#994
Posted 18 February 2020 - 12:07 PM
Agree with Senor, Gold and Silver Breaking out tonight....
i think thatspike high should be ignored
Should it? Gold is breaking out in all the major currencies, a sign of a real bull market according to Mr. A.
breaking out even If you ignore that spike
The spike is part of the chart and always will be and should not be ignored.
"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/
#995
Posted 18 February 2020 - 02:45 PM
The spike is part of the chart and always will be and should not be ignored.
Yep, spikes are hugely significant. GDXJ breaking above the Jan 27 opening spike today is also likely significant.........
Edited by K Wave, 18 February 2020 - 02:46 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#996
Posted 18 February 2020 - 03:49 PM
The spike is part of the chart and always will be and should not be ignored.
Yep, spikes are hugely significant. GDXJ breaking above the Jan 27 opening spike today is also likely significant.........
I have high signals for end of Feb or early March for some of the charts but for GDXJ I have a strong signal for a major high in late June to early July, it looks like it could make a run for the 2016 high then after perhaps a pause in March-April. Eventually the blue wedge is going to break out and move up to the 2011 highs and beyond.
"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/
#997
Posted 18 February 2020 - 03:53 PM
Barrick looks like it is going to close a highest close since AUG 2016...,slowly but surely the bull seems to be awakening....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#998
Posted 18 February 2020 - 03:58 PM
NUGT and AGQ both going out over the 900 day after long battles with it. Looks like it may stick this time....
Those breaking above 900 into LT bull mode would just be yet another sign...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1000
Posted 18 February 2020 - 05:00 PM
Anyone know what Marty Armstrong is predicting for this 8.6 cycle we just entered? https://www.armstron...ave-of-the-ecm/
"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/