BTW I am NOT going to "personally: try to bottom fish AEM but I was just trying to determine where it "might" bottim, we are currently potentially trying to fill a gap from 48.54 to 49.11, lets see if a gap fill might lead to a low
Senor
wave 3
Started by
dharma
, Nov 29 2019 12:16 PM
1289 replies to this topic
#982
senorBS
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Posted 18 February 2020 - 11:11 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
#983
senorBS
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Posted 18 February 2020 - 11:29 AM
in SLV if wave 3 is 1.618 X wave 1 then this potential large rally leg could get to 19.15-19.2, I pounded the table for quite a while about the large daily 5 up from 15.44 to 17.21 and now methinks we see the "result" of that 5 up, we see
Senor
Edited by senorBS, 18 February 2020 - 11:35 AM.
#985
dougie
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Posted 18 February 2020 - 11:36 AM
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
#986
dougie
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Posted 18 February 2020 - 11:37 AM
Just need a 15 min stick that closes over 28.60 on GDX, and bull should be out of the barn...
from your lips to
#987
senorBS
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Posted 18 February 2020 - 11:38 AM
Sure looks like "ignition" barring a sharp selloff which to me looks unlikely - got gold/silver and miners?
Senor
Looks like all the KL shorts are finally feelin a little "heat", the leverage added by the recent DGC purchase is IMO muy Bueno as gold rallies above 1600
Senor
#988
Russ
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Posted 18 February 2020 - 11:38 AM
The high on this run should come in late Feb to early March.
"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
http://marketvisions.blogspot.com/
"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/
#989
dharma
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Posted 18 February 2020 - 11:39 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
