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THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low


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#1131 K Wave

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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

 

 


#1132 K Wave

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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

 

 


#1133 K Wave

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Posted 12 May 2021 - 08:09 AM

GOLD/BTC ratio....just about ready for launch mode???

 

xaubtc.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1134 K Wave

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Posted 12 May 2021 - 08:16 AM

SLV all hours chart....big pivot line has now been fully back tested

 

It is now either launch or die.....

 

slv.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1135 senorBS

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Posted 12 May 2021 - 08:36 AM

SLV all hours chart....big pivot line has now been fully back tested

 

It is now either launch or die.....

 

slv.png

dollar up, int rates up, what will miners do as we got biggest inflation numbers in ages

 

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#1136 K Wave

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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

 

 


#1137 gannman

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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 


feeling mellow with the yellow metal


#1138 K Wave

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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

 

 


#1139 senorBS

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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

 

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#1140 K Wave

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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