Another triple spike bottom on Silver at 27.10 now.
that is likely THE pivot now....bulls now have to take it out the top before that is broken....
they are givin' it their best right now.....failure is not an option....
Posted 12 May 2021 - 07:54 AM
Another triple spike bottom on Silver at 27.10 now.
that is likely THE pivot now....bulls now have to take it out the top before that is broken....
they are givin' it their best right now.....failure is not an option....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2021 - 07:57 AM
25.20 is the corresponding level on SLV that must hold...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2021 - 08:37 AM
On Dow, likely all about whether bear can now defend the back test of 34200
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2021 - 08:50 AM
one thing i am looking at here is the 10 year yield
the fact that it is going up is not good for stocks
at some point that becomes a factor and it will be pretty fast
Posted 12 May 2021 - 08:50 AM
On Dow, likely all about whether bear can now defend the back test of 34200
So far so good by the bears..
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2021 - 08:51 AM
one thing i am looking at here is the 10 year yield
the fact that it is going up is not good for stocks
at some point that becomes a factor and it will be pretty fast
Yep, that's why I keep mentioning it
Senor
Posted 12 May 2021 - 08:56 AM
ARKK 106 level looking super important now..
If bulls can reclaim it, yesterday was likely a washout low.
But if the back test just done fails, and yesterday's low gets taken out, full on crash mode still possible...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy