1 min momo waning on SLV back test of 1 min 200....
now we see if they can hold 25 or not....
3of 3 front and center
Started by
dharma
, Jun 28 2020 11:57 AM
1292 replies to this topic
#991
K Wave
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Posted 17 September 2020 - 09:49 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
#992
K Wave
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Posted 17 September 2020 - 09:55 AM
Gold/Silver ratio has lost all downside momo, and could possibly see a big rebound wave
That is why I think Silver may be more vulnerable to a sharper correction than Gold, should it occur.
And just like that, GS ratio gets a huge pop upwards..if it sticks, the rebound likely underway...
And it reverses...the plot thickens....bulls may save this yet....
GS ratio bounces off 5 min 900....possibility for the ol' double reverse?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#993
K Wave
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Posted 17 September 2020 - 09:57 AM
SLV right at 25...could be minutes away from a decision for next swing move
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#994
K Wave
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Posted 17 September 2020 - 10:07 AM
that pivot at SLV 25 likely for all the marbles short term now.
as long as bulls can hold it, they have a real shot at finally taking it out the top.
back below, and most likely the gas ran out....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#995
dharma
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Posted 17 September 2020 - 10:10 AM
watching kwave in action , is a thing of beauty.
great to watch you man, thanks for sharing your thinking.
dharma
#996
gannman
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Posted 17 September 2020 - 10:18 AM
yes watching k wave and senor is a university on the air for sure
fwiw the time segmented volume on gdx has worked off its over bought
condition very nicely and is now nicely positioned for a large move up
all fwiw
feeling mellow with the yellow metal
#997
dharma
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Posted 17 September 2020 - 10:30 AM
my account now + on the day, well that was brief
dharma
#998
K Wave
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Posted 17 September 2020 - 10:43 AM
Bears still get benefit of doubt short term on GLD as 183 holds as resistance....
Back above that, and bulls may have won the big big wedgie battle
Edited by K Wave, 17 September 2020 - 10:43 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
#999
senorBS
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Posted 17 September 2020 - 11:26 AM
GC...rutro....time really running out now....
Could still be wave E in GDX/GDXJ/SILJ but HUI and XAU with recent rally taking 0ut what "was" the wave "B" highs - not as much stuff is in sync, I was totally out and bot about a 20% position late yesterday, might add today but gonna see how it opens. I mentioned early this week that GDXJ "could" see gap fill near 58.50 and that could be a wave "e" target. we see
Senor
bueno gap fill in SILJ for a possibly ending wave "e", my stink bid at 15.10 got filled, did enough in GDXJ for possible wave "e" as well, muy interesting day,
Senor
#1000
dharma
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Posted 17 September 2020 - 12:23 PM
GC...rutro....time really running out now....
Could still be wave E in GDX/GDXJ/SILJ but HUI and XAU with recent rally taking 0ut what "was" the wave "B" highs - not as much stuff is in sync, I was totally out and bot about a 20% position late yesterday, might add today but gonna see how it opens. I mentioned early this week that GDXJ "could" see gap fill near 58.50 and that could be a wave "e" target. we see
Senor
bueno gap fill in SILJ for a possibly ending wave "e", my stink bid at 15.10 got filled, did enough in GDXJ for possible wave "e" as well, muy interesting day,
Senor
very well could have finished the whole E wave and correction , we should start to impulse higher
dharma
