1426 replies to this topic

[dougie]

Nice to see Chitcoin and TSLA getting slammed - maybe parabolic blowoffs there finally ended? Money flowing into commods big time, my guess is gold is the last one to get going and that perhaps has begun, and a long way to go IMO. 

 

Senor

shake out?

[senorBS]

 

Nice to see Chitcoin and TSLA getting slammed - maybe parabolic blowoffs there finally ended? Money flowing into commods big time, my guess is gold is the last one to get going and that perhaps has begun, and a long way to go IMO. 

 

Senor

shake out?

 

Maybe? or maybe their parabolics are finito?

[senorBS]

 

 

Nice to see Chitcoin and TSLA getting slammed - maybe parabolic blowoffs there finally ended? Money flowing into commods big time, my guess is gold is the last one to get going and that perhaps has begun, and a long way to go IMO. 

 

Senor

shake out?

 

Maybe? or maybe their parabolics are finito?

 

The TSLA a and chitcoin rout of yesterday is continuing this mornin with TSLA down over 5% pre-market and the ******** stuff down 10%, odds increasing parabolics may be done and ultimately 60-80% int to longer term declines underway - just a possibility and my opinion, we see

 

BTW the obvious initial downside targets IMO for TSLA are the 400 area and 30000 for the Chitcoin assuming the parabolics are finito

 

Senor

Edited by senorBS, 23 February 2021 - 08:42 AM.

[K Wave]

 

 

 

Nice to see Chitcoin and TSLA getting slammed - maybe parabolic blowoffs there finally ended? Money flowing into commods big time, my guess is gold is the last one to get going and that perhaps has begun, and a long way to go IMO. 

 

Senor

shake out?

 

Maybe? or maybe their parabolics are finito?

 

The TSLA a and chitcoin rout of yesterday is continuing this mornin with TSLA down over 5% pre-market and the ******** stuff down 10%, odds increasing parabolics may be done and ultimately 60-80% int to longer term declines underway - just a possibility and my opinion, we see

 

BTW the obvious initial downside targets IMO for TSLA are the 400 area and 30000 for the Chitcoin assuming the parabolics are finito

 

Senor

 

Yep, looking like my FANG top called nailed it pretty much within a day or 2 thus far.....TSLA looks to be in the process of printing a HUGE Bearish Engulfing on Monthly chart.

Breach of 3200 on AMZN looks big too. And Apple weekly now looks fully cooked with massive momo divergence on the final top.

Weekly Hang Mans all over the place that are now being confirmed in the tech sector...

 

On the Gold front, GDX came right to the pivot point at 34.20 yesterday.....pulling back just a bit now.

If / when that gets breached upside, the we should get an end of 6 month correction signal....GLD 170 is looking big now as well....

 

GDXJ was quite a bit stronger than GDX yesterday...hopefully a good sign...we will find out soon....

[senorBS]

 

 

 

 

Nice to see Chitcoin and TSLA getting slammed - maybe parabolic blowoffs there finally ended? Money flowing into commods big time, my guess is gold is the last one to get going and that perhaps has begun, and a long way to go IMO. 

 

Senor

shake out?

 

Maybe? or maybe their parabolics are finito?

 

The TSLA a and chitcoin rout of yesterday is continuing this mornin with TSLA down over 5% pre-market and the ******** stuff down 10%, odds increasing parabolics may be done and ultimately 60-80% int to longer term declines underway - just a possibility and my opinion, we see

 

BTW the obvious initial downside targets IMO for TSLA are the 400 area and 30000 for the Chitcoin assuming the parabolics are finito

 

Senor

 

Yep, looking like my FANG top called nailed it pretty much within a day or 2 thus far.....TSLA looks to be in the process of printing a HUGE Bearish Engulfing on Monthly chart.

Breach of 3200 on AMZN looks big too. And Apple weekly now looks fully cooked with massive momo divergence on the final top.

Weekly Hang Mans all over the place that are now being confirmed in the tech sector...

 

On the Gold front, GDX came right to the pivot point at 34.20 yesterday.....pulling back just a bit now.

If / when that gets breached upside, the we should get an end of 6 month correction signal....GLD 170 is looking big now as well....

 

GDXJ was quite a bit stronger than GDX yesterday...hopefully a good sign...we will find out soon....

 

agree on Fang/QQQ type stuff and nice call, looks like massive market rotation is continuing and perhaps accelerating (at least out of Techy/bubbly stuff), IMO a lot of it is do to the continuing rise in rates (TYX above 2.2% this morning). We may see a modest correction in OVERALL market but rotation and easy money/more stimulus overall IMO will likely for now stop any "crash", except perhaps in stuff like TSLA and Chitcoin

 

Senor

[K Wave]

well, looks like it is sell everything after all.....have to keep waiting....

[gannman]

bottom line here to say this sector is out of the woods, xau needs to close above 151. 

 

meanwhile we wait 

 

just want to say i dont mind this action at all i think we are very close just let it prove itself 

Edited by gannman, 23 February 2021 - 10:01 AM.

[K Wave]

now we see if GLD can recover and take out 170....

 

if so, could be game on....

[gannman]

the odds are high here if gdx can clear 34.50 

 

we are done with this correction

[K Wave]

GLD taking aim on the pivot one more time