Senor, do you count KL's run up to 57.50 as 5 waves?
what the hell, out on a limb. the 1850ish low marks the bottom of this correction. the next leg higher begins now
Started by
dharma
, Oct 21 2020 09:54 AM
1426 replies to this topic
#162
senorBS
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Posted 11 November 2020 - 12:32 PM
Senor, do you count KL's run up to 57.50 as 5 waves?
It ended "something" and that's enuf for me, I like the case correction is ending here near 44 however if it "ended" something much larger then that would be the bear case for ultimately a LOT more correction int term.
Senor
#163
gannman
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Posted 11 November 2020 - 02:32 PM
i am looking at aem . i see one more slight new low
and then it should rally if i am counting right. if it starts to
go into the tank then something else is going on. they just
came out with good earnings i believe
feeling mellow with the yellow metal
#164
gannman
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Posted 11 November 2020 - 02:37 PM
then if you look at slv it seems to be completing a C of
an abc correction it has been holding up pretty good
again we should not see a huge down draft here fwiw
feeling mellow with the yellow metal
#165
senorBS
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Posted 11 November 2020 - 03:02 PM
Of note NEM near session highs over 1.5 pts above intraday low and today's low was actually above the low 2 days ago in which almost everything else went significantly below that comparable low, leading?
Senor
#166
ryanoo
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Posted 11 November 2020 - 03:02 PM
the rise in USD hourly looks corrective too.
#167
ryanoo
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Posted 11 November 2020 - 03:18 PM
Monthly is a beautiful C&H, where it broke out and now maybe backtesting.
Only if I had patience. looks like 1840-1800 provides a solid support.
#168
jabat
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Posted 11 November 2020 - 04:40 PM
EWI- Pro service - Free for 3 days
Edited by jabat, 11 November 2020 - 04:41 PM.
#170
dougie
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Posted 11 November 2020 - 04:56 PM
Exited all miner longs, certainly could bottom here and probably will since I exited, but I don't like closing down here so I will take a very small loss. With this toxic political environment and perhaps no stimulus and a gen stock market that "might" be dangerous I am going to mostly cash with a remaining 10% of portfolio long oil stock portfolio. BTW those oil stocks propelled all my accts to record closes yesterday! GLTA and I am ONLY a trader here.
Senor
agree that action not bullish then
