SILJ still not backing off at all....
huge compression building...
so close but...
Posted 28 May 2021 - 03:21 PM
SILJ still not backing off at all....
huge compression building...
so close but...
Posted 01 June 2021 - 12:37 PM
so far continued slow grind higher in miners/metals, could still make impt near term top but that has been said for days and prices are generally higher. GEN mkt very interesting with NYA eeking out new all time high (more divergences), S&P slightly failing, Dow failing by more and Nas stuff by even more. we see
Senor
Posted 02 June 2021 - 12:15 PM
so far continued slow grind higher in miners/metals, could still make impt near term top but that has been said for days and prices are generally higher. GEN mkt very interesting with NYA eeking out new all time high (more divergences), S&P slightly failing, Dow failing by more and Nas stuff by even more. we see
Senor
still grinding norte, perhaps no significant move until Friday morning and Employment report
Senor
Posted 02 June 2021 - 01:32 PM
still grinding norte, perhaps no significant move until Friday morning and Employment report
Senor
I've got nothing significant to add from my thoughts early last week. Sentiment remains where it was nearly 100 points lower (mixed). I still think it looks like we are in an extension of 3 off the 1670 lows in /GC. I picked up some /SI during the intraday dip at 27.58, not a full position (Id get more aggressive in low 26s). my 1.618 extension for the wave 3 on /GC is ~1950, I will trim above 1930 and look to rebuild the position on any ABC down that retraces 38% of the of the wave 3 move. I will hold maybe 10-20 percent of my /GC position just incase we get can extension beyond 1.618 in wave 3, though I highly doubt it will happen.
Posted 02 June 2021 - 06:21 PM
AMC up 500% last 6 days wow!
https://twitter.com/...171272382812163
You're welcome!
Edited by CHAx, 02 June 2021 - 06:22 PM.
Posted 03 June 2021 - 08:42 AM
Bought some PSLV.
Posted 03 June 2021 - 09:00 AM
had several "stink type" orders go off in stuff like GDXJ/KL/SILJ, got some nice fills metinks but we will see
Senor
Posted 03 June 2021 - 09:05 AM
i am waiting for $26.93 to buy some more PSLV.
Posted 03 June 2021 - 09:06 AM
ehh got profit stopped on my /SI at 27.83. unloaded 10% of my /GC at 1892. (but hey nearly 200 points on that portion!). Looks like I got too greedy and wave 4 is here. Oops. I will be looking to get more long next few days.
Classic, overconfident post from me, always a top
Posted 03 June 2021 - 12:05 PM
will we correct the whole move off the late march lows?