1426 replies to this topic

[senorBS]

what i am seeing here is that the time segmented volume in this sector has gone positive

 

it had not done that before. this is good. if it stays like this this sector is going to pop big time imho 

 

i will let you know if the time segmented volume reverses right now it looks good 

Yeah, I am favoring the "ugly bottom" scenario but until we see a decisive near term rally I still cannot rule out a sharp leg down to take out the Nov lows in a lot of stuff. However, for now I favor the bottom is in by 60/40, next few days are critical for sharp drop to a KEY low outcome or just go up from this area, added a bit into the weakness today, getting close to 20% long

 

Senor

[dougie]

i like the sharp drop option

[dougie]

 

hope this isnt a large cousin  to 2020 action....

[dougie]

 

hope this isnt a large cousin  to 2020 action....

unlikely however given the action in the precisou metals esp silver

[sixpack]

I'm still waiting here.  Just a little more time.  Another week or two should clear things up a bit.

[crossd]

look at the monthly SILJ and GDXJ charts..both 7 months of overlapping trading..GDXJ top Aug 2020  SILJ top Jan 2021..

 

if SILJ closes Jan near where it is now..these are distribution patterns..at best sideways for several months..get your hedges ready!

 

donc

[senorBS]

gold and silver right now (25.55 silver and 1858) look like nice 5-wave rallies from today's early morning lows, lets see what it morphs into, love to see a short term correction from these levels

 

Senor

Edited by senorBS, 22 January 2021 - 11:13 AM.

[gannman]

that is what i am seeing senor even though we are selling off

 

the time segmented volume is holding above zero.. we could have

 

one more drop i dont know  for proof lets see it rally strongly out of here

 

if we are really entering a wave iii it should be real strong when it starts

 

fwiw aem has real nice time segmented volume i would think that stock 

 

has a long way to go

[linrom1]

People a lot smarter than I, are still shorting miners. I don't see any path , except ABC up to $1900, before final large degree dump. Grains and oil are also taking a beating.

Edited by linrom1, 22 January 2021 - 12:30 PM.

[senorBS]

People a lot smarter than I, are still shorting miners. I don't see any path , except ABC up to $1900, before final large degree dump. Grains and oil are also taking a beating.

I see many paths, including one more leg down below Nov is some stuff - "stuff" like FNV/RGLD/GOAU have already done that IMO and look "very interesting" here, we see

 

Senor

Edited by senorBS, 22 January 2021 - 01:38 PM.