859 replies to this topic

[senorBS]

if you go back and do a tally of previous turns in may from the 2001 start of the bull. it seems may produces many turns . i 

see this may as producing a sideways action to get us through the summer doldrums.  dont take my word  check it out. 

platinum is still the most undervalued metal.  while the correction starts to take place ,  i believe the juniors/silver/plat gain todays dsi for gold =80 

strength

dharma

ps . seems there are unsold cars being stored everywhere  . i believe there will be some great buys patience

there is no limit to the amount of cars they can produce

just bot a new car last Friday - 20% below MSRP

 

Senor

[senorBS]

how are you measuring that target please Senor?

if you mean SLV 19.90 it is where wave 3 is 1.618 X wave 1 (April 14 high) off the March bottom added to the bottom of wave 2

 

Senor

[K Wave]

 

how are you measuring that target please Senor?

if you mean SLV 19.90 it is where wave 3 is 1.618 X wave 1 (April 14 high) off the March bottom added to the bottom of wave 2

 

Senor

 

 

Most likely at this point, SI goes out the top like GDX before any serous sideways/down action...maybe the 2016 high area on SLV??

 

Would put SI around 21ish...

[senorBS]

 

 

how are you measuring that target please Senor?

if you mean SLV 19.90 it is where wave 3 is 1.618 X wave 1 (April 14 high) off the March bottom added to the bottom of wave 2

 

Senor

 

 

Most likely at this point, SI goes out the top like GDX before any serous sideways/down action...maybe the 2016 high area on SLV??

 

Would put SI around 21ish...

 

probably up in the 21-24 range would be my guess, prefer the more "conservative" projection from SLV because its day session and avoids much of the very "thin" often exaggerated moves from overnight trading

 

Senor

Edited by senorBS, 20 May 2020 - 11:40 AM.

[gannman]

one of two things here either we correct the whole move since mid march

 

for a wave ii or we are in a wave iii and are going to take off . i really dont know

 

that is what i see talking about the hui

[dharma]

W/ all the mining indexes having taken out their 16 highs except the gdxj, it seems to me they have some room to run

gold in the curve https://kingworldnew...20-1536x727.jpg

my bullishness is contained only because we are in may. and corrections happen in may most years

i am not going to start and guess whats next, because the fed has tipped its hand , and that hand is printing.

sitting and riding

dharma

[dougie]

Silver cracks $18

 

off the bottom though i still see a possible ABC up

 

not my favored

[dougie]

 

Silver cracks $18

 

off the bottom though i still see a possible ABC up

 

not my favored

 

in silver that is

[AChartist]

Shocking to say, silver has a nice parabolic peak in 4-6 weeks, and later high in 24 weeks.

 

Next week may be a dip with a 5 week cycle low.

 

I am going all in (being a lot in anyway) will look for some late Jun calls.

 

It may not work in price extreme but the cycle is strong. The next one at 24 weeks is good too

even better with more participating cycles,

with some pullback between centered at 15 weeks.

 

5/18 week    now

5/25             possible pullback

6/15             High

6/22             High

8/24             Low

11/9             High

Edited by AChartist, 20 May 2020 - 07:39 PM.

[tradesurfer]

Armstrong is saying gold peaked yesterday

And the spx today

Does it bother anyone else here that silver move up is following the pattern of spx up so closely ?

So if spx goes hard down for a retest then what happens to silver ?

Edited by tradesurfer, 20 May 2020 - 08:29 PM.