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#1101 dougie

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Posted 23 February 2020 - 09:03 PM

is PVG done getting sh#$ hammered you think?



#1102 dougie

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Posted 23 February 2020 - 10:15 PM

 

 

 

Dude: are you trading your opinion cause if you are you must have some deep pockets...

 

Actually, his chart is looking for 19.70, so if long here, he is doing just fine.

 

I am seeing shifts to bullish configurations happening in charts everywhere in the sector though, so 19.70 may not hold bull back for long.....

 

I am still on record that that back test of 16.50 on Silver was the bottom for some time time to come....
 

 

"I am not touching gold, but silver I am short now since 18.60." Linrom1



#1103 dougie

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Posted 23 February 2020 - 10:16 PM

The Nikkei has me deeply worried folks



#1104 Russ

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Posted 24 February 2020 - 02:40 AM

The Nikkei has me deeply worried folks

It looks like it could go down for 3 years and bear in mind that in 1989 when it peaked on Armstrong's pi cycle at 39,000 it is now about half of that, it never recovered from the 80's glory days, it looks like a wide head and shoulders on the chart... 


Edited by Russ, 24 February 2020 - 02:41 AM.

"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



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#1105 AChartist

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Posted 24 February 2020 - 07:21 AM

a calculation of the cycles with last nights futures extends the cycle 2 weeks,

it can do that right translating a long time so the use of cycles has fulfilled its capability

to get to this point and it cant do much more, just need standard methods, trendline breaks with divergences

from here.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#1106 K Wave

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Posted 24 February 2020 - 08:33 AM

Action in PL getting a bit concerning now...a 4hour close under 960 would not look so good on that chart...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1107 K Wave

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Posted 24 February 2020 - 09:00 AM

PL trying to bounce...needs to get back over 972 ASAP...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1108 K Wave

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Posted 24 February 2020 - 09:08 AM

NUGT flyin' in the IRAs....like I said a while back, under 30 was likely going to be looked at as a steal down the road...

 

Once it clears 46, should be off to the races...

 

The time of under performing GDX may be just about done, and upside gearing effect hopefully just about to take hold....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1109 ryanoo

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Posted 24 February 2020 - 09:23 AM

Global economy will collapse.

This Covid-19 is a real global pandemic.

When the supply chain shuts down,

when people can not go to work, can not travel,

this is really the black swan event at the global scale.

Maybe WW3 is in the offing.

At a time when hostility is at a high point,

the pandemic could trigger something that can erupt

into full blown military confrontations between countries.



#1110 K Wave

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Posted 24 February 2020 - 09:23 AM

And it looks like the most speculative of the 3Xers may finally clear the 900 day today...JNUG now trading above it pre-open.

 

Once JNUG goes into bull gearing effect mode, could be an absolute monster to the upside.

 

Once it has established itself above 900 day, will look to start buying that one on scary dips....


Edited by K Wave, 24 February 2020 - 09:23 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy