1289 replies to this topic

[senorBS]

 

absolute waterfall in PL....

 

IF it closes the week out near these levels or below would not look too good on weekly chart...right now, looking like massive breakdown on daily chart.

 

could be headed all the way to 900 at this point.., and if that don't hold, then the whole bullish breakout attempt would get called into question.

 

Sorry guys, I do not see the action in PL as especially healthy at this juncture....

yep, this whole move could have been a headfake. Dont think so, but ya never know. The tell was the specs long gang.

 

I think it is a C wave decline in progress of a large abc in Plat after a leading diag tri big 5-wave rally off the lows in Plat in Aug 2018 to the Jan 2020 high - C could still go lower

 

Senor

[dharma]

on 12/26 we had the eclipse. the biblical cross is occurring now w/mars transiting  that point  

this is straight up vedic astrology

https://www.youtube....h?v=snOmjJELs3Y

this reminds me of 09 when gold went back to 682 before the rocket ride out of there.  the cbs are going to qe , but dont call it that , to infinity(buzz light year "to infinity and beyond"    in this game everyone sews his own seeds.  how much pain has to be felt is another whole question.   dow shooting for another 1k . bernie counting his lucky stars.     ugly out there. 

miners giving up

dharma

[Smithy]

dharma, you predicted a stock crash in Feb. - good call!

[K Wave]

Months of work trying to get over 17 on SLV...all wiped out in the last hour...

 

Told y'all I didn't like that action PL......

[K Wave]

Next few days critical for SLV now...if it can't reclaim 17 pretty quickly after this dip underneath, the entire breakout attempt will look suspect...especially if it goes back under 16.25 over the next 3 to 4 days...

 

IF it does clear 17 again, then bull case will start to look much better....content to be watching for now...

 

 

 

.

[K Wave]

AGQ daily and weekly looks...looks like massive pivot spot...bearish engulfing trying to form at key level on weekly.

 

Have to always play devils advocate in this game.....

 

Day

 

Week

[K Wave]

Another potential headwind for Silver for a bit...

 

After reversing at the 5 min 900 yesterday, XAU/XAG went back into liftoff mode today.

 

 

[Russ]

on 12/26 we had the eclipse. the biblical cross is occurring now w/mars transiting  that point  

this is straight up vedic astrology

https://www.youtube....h?v=snOmjJELs3Y

this reminds me of 09 when gold went back to 682 before the rocket ride out of there.  the cbs are going to qe , but dont call it that , to infinity(buzz light year "to infinity and beyond"    in this game everyone sews his own seeds.  how much pain has to be felt is another whole question.   dow shooting for another 1k . bernie counting his lucky stars.     ugly out there. 

miners giving up

dharma

This SPX signal for a low in early April was confirmed in mid December, the broader market (Value line, Russell 2000) peaked right near Marty's pi cycle date of Jan. 18. 6 weeks is the average time for a panic correction according to MA.   

[K Wave]

6 weeks would put us right about now, not April, from Jan 18.

 

Or ore you thinking in panic low in this time frame, followed by retest in April?

 

In any event, EXTREME panic in A/D line over last 2 days. Generally, that type up stuff shows up right near good intermediate buying opportunities.

Wollie's CLX indicator also in the extreme zone.

[linrom1]

I am not kidding, but DUST could be one of the better bets?

 

6 weeks would put us right about now, not April, from Jan 18.

 

Or ore you thinking in panic low in this time frame, followed by retest in April?

 

In any event, EXTREME panic in A/D line over last 2 days. Generally, that type up stuff shows up right near good intermediate buying opportunities.

Wollie's CLX indicator also in the extreme zone.

I am long DDM.