Crude pushin' ever higher.....
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
Started by
senorBS
, Mar 05 2021 02:27 PM
2512 replies to this topic
#1141
K Wave
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Posted 12 May 2021 - 08:58 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1142
linrom1
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Posted 12 May 2021 - 09:03 AM
SLV all hours chart....big pivot line has now been fully back tested
It is now either launch or die.....
dollar up, int rates up, what will miners do as we got biggest inflation numbers in ages
Senor
Probably puke
#1143
K Wave
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Posted 12 May 2021 - 09:33 AM
Starting to look iike bears have held the line at 1840 on Gold.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1144
CHAx
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Posted 12 May 2021 - 09:55 AM
Starting to look iike bears have held the line at 1840 on Gold.....
I think we can drop to 1800 /GC and 26.10 /SI and everything is fine in the short term. Though, we want pretty fast snap backs, no lingering at those prices.
#1145
gannman
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Posted 12 May 2021 - 09:55 AM
i think we are going to accelerate to the downside here
on everything
feeling mellow with the yellow metal
#1146
K Wave
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Posted 12 May 2021 - 10:53 AM
IF...there is going to be a WWW turn, NDX is approaching a prime spot for the attempt.
A dip under the big round number at 13K, and then we see what bulls have??
If it just just blows right on through 13K, then perhaps panic mode.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1147
senorBS
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Posted 12 May 2021 - 10:53 AM
i think we are going to accelerate to the downside here
on everything
For me that's really the key, does the gen mkt have a violent 20% decline at least and take pretty much everything with it in? The gen mkt does look to me as vulnerable as it has in a long while as blowoffs just might have ended. we see
Senor
#1148
K Wave
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Posted 12 May 2021 - 11:13 AM
ARKK still holding well above is low from yesterday,
if there is going to be a WWW low, that might be a place watch for sign of a turn.....
iF ARKK closes below 100 today, then risk of continued crash is high....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1149
K Wave
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Posted 12 May 2021 - 11:14 AM
Here comes NDX for the big round number...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1150
CHAx
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Posted 12 May 2021 - 11:32 AM
Starting to look iike bears have held the line at 1840 on Gold.....
I think we can drop to 1800 /GC and 26.10 /SI and everything is fine in the short term. Though, we want pretty fast snap backs, no lingering at those prices.
Also, once again, this move is entirely dollar related so far: https://goldprice.or...rice-euros.html
They aren't selling gold, they are buying dollars. Pull up 30 minute time frame, we are hovering near the highs of gold in Euros. Well above the panic low yesterday.
Edited by CHAx, 12 May 2021 - 11:34 AM.
