1289 replies to this topic

[Russ]

russ if we agree or disagree your work always gets me to think or rethink . this board has great resources appreciate your input

so we are a week away

spy daily

https://stockcharts.com/h-sc/ui?s=spy

dia weekly https://stockcharts.com/h-sc/ui?s=spy  note the rising wedge =bearish

tsla

https://stockcharts.com/h-sc/ui?s=tsla  

my dates are the 10-12 for a bottom

dharma

dsi =74   heading  down from danger levels

Thanks Dharma and I appreciate your great knowledge too, interesting that you cited Mercury Retrograde on Feb 16th as related to Gold turning bullish. I saw the work of an astrologer before who said that Marty's pi cycle is driven by planetary positions too, he had a whole bunch of correlations to it.  That Tesla chart sure looks like an important top.  

[hhh]

I think it's almost necessary that every cycle method correlates to every other. There are cycles in everything. The planets may have absolutely nothing to do with the behaviour of anything on Earth, but the fact that they both contain cycles means it's inevitable that there will be correlation that is possibly indistinguishable from causation. Maybe I'm just a sceptic at heart but with a somewhat open mind.

[linrom1]

 

I think that we're completing wave 2, with the big down leg to follow. I have 5 waves down and 3 up. But......you never know.

Edited by linrom1, 05 February 2020 - 01:47 PM.

[dougie]

my favored is some sideways chop for a week...

but so far we do seem to have 5 off the lows in GDX and now three down...

 

we see

[linrom1]

Dow 40,00. This market action reminds me of late '90s and '00. There were many warning of impending crash, only they were all several years too early. It was the same thing with BTC. I suspect that precious metals are dead money until '22.

[K Wave]

So far GDX holding $28 zone, and GDXJ $40 zone.

 

IF they start to move up tomorrow, possibility the worst may be done.

 

IF they don't hold, then snowballing downhill could begin...

 

Tomorrow could be a big swing decision day....

[dougie]

Dow 40,00. This market action reminds me of late '90s and '00. There were many warning of impending crash, only they were all several years too early. It was the same thing with BTC. I suspect that precious metals are dead money until '22.

look anythi0ng is possible but the action on the dailies and weeklies of metals does not support your idea here

[K Wave]

Good 15 min start...now need follow through to complete the potential turn back to upswing...

[dharma]

debt clock 

https://gracelandupd...0feb6count1.jpg

tom mcclelland makes the reality abundantly clear !!!! its not about earnings , its about the fed printing money. large amounts of money. we dont need no stinking earnings!http://www.321gold.c...llan020620.html   welcome to reality

in the past, and i am not going way back, there is a lag between fed printing and gold prices.  the fed is bent on printing money and so far gold has not responded in kind.   w/this corona virus chinas economy will be at a standstill. and the us economy on life support will need more injections of printing money. i look for a rate cut by june at the latest.

now  i read marty,  but i believe as the dollar becomes less and less used as a reserve currency it will start to slide . its coming.  

until i see more upside action , i am looking at or about the 12th as the low. platinum on the skids.    neros fiddling on deaf ears!

dharma

more academics !https://gracelandupd...b6realecon1.jpg

 

linrom you must be a genius , because most of the time i have no idea what you are talking about.

Edited by dharma, 06 February 2020 - 10:58 AM.

[Russ]

XAU Support lines.... Pink or Blue?