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CRB making a HOUND?


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#1 dougie

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Posted 24 October 2020 - 02:10 PM

http://schrts.co/GjYfkUsP



#2 Russ

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Posted 25 October 2020 - 06:53 PM

What is a Hound?


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#3 dougie

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Posted 25 October 2020 - 08:34 PM

What is a Hound?

a term a guy named Shack used to use over at Silicon Investor years ago. bascially falling out of a pattern then reversing back up through it headfake style



#4 Russ

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Posted 26 October 2020 - 02:39 PM

 

What is a Hound?

a term a guy named Shack used to use over at Silicon Investor years ago. bascially falling out of a pattern then reversing back up through it headfake style

 

Okay, I can see that, it really fell out of bed and notice the long 100 period CCI at the top diverged. This ties in with Armstrong's forecast for a shortage driven commodity boom coming. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#5 Rogerdodger

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Posted 28 October 2020 - 10:18 PM

I can't remember the guy (past away several years ago) who called it "Tactical vs Technical".

 

I see that a lot, especially derivatives,  where it violates previous lows, washing out bull's stops, but then reverses with no bulls left holding longs to sell.



#6 tradesurfer

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Posted 29 October 2020 - 04:47 AM

A bearish retest of all time low of 114 looks more likely....

 

Seems like we are heading into final phase of a massive deflationary bust now

 

I was thinking we are going to get inflation now, but we may have to wait until 2022.

 

This entire debt bomb around the whole globe is about to bust, it may drag down commodities and metals one last time


Edited by tradesurfer, 29 October 2020 - 04:48 AM.


#7 dougie

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Posted 29 October 2020 - 04:23 PM

A bearish retest of all time low of 114 looks more likely....

 

Seems like we are heading into final phase of a massive deflationary bust now

 

I was thinking we are going to get inflation now, but we may have to wait until 2022.

 

This entire debt bomb around the whole globe is about to bust, it may drag down commodities and metals one last time

why more likely? fundamentals?



#8 senorBS

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Posted 30 October 2020 - 02:05 PM

If Dems win pres and Senate IMO we will see MASSIVE stimulus early next yr, have you guys looked at a 1-5 yr copper chart? - very bullish action IMO. And China/India doing well economically, I think this a an intermediate term correction in CRB then rally resumes

 

Senor