G7 shenanigans
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
#1722
linrom1
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Posted 17 June 2021 - 05:43 PM
This has to be at some buy level. Beans are down >10%.
DBA is a beautiful 5 up and we finally got the C wave we were expecting, now key is how low it goes
Senor
We did 61.8% retracement and waves A=C, pretty sure we did five waves down already, but it go lower. Beans were down >10%.
#1723
dougie
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Posted 17 June 2021 - 08:43 PM
is the move in miners off the June highs a 3-3- 5? Is the 5 done or do we need one more wave down?
#1724
senorBS
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Posted 18 June 2021 - 07:37 AM
is the move in miners off the June highs a 3-3- 5? Is the 5 done or do we need one more wave down?
close enough for gvt work? I think it could be dome or one more 4/5, we see
Senor
#1725
K Wave
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Posted 18 June 2021 - 07:45 AM
watching Doggy coin here over next few days...at the cliff edge here under 30....now we see if even more market speculation about to come out...
looks like SPX may finally break 4200 on the open as well after forming a massive divergent multi-month top....
my steep decline sensors are now flashing red....
could be false alarm...will likely know soon....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1726
K Wave
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Posted 18 June 2021 - 08:02 AM
Do not forget about all those monthly hangmen on the Huge Caps printed in May
Thus far they are a tad higher in June, but it is how they FINISH the month that counts here...
IF this thing starts falling apart here today, might be a wild ride into month end to print monthly confirmation candles...
Now certainly possible GOLD could buck the trend if Monthly Stock index charts roll over.....
Next few days could reveal mucho....
IF SPX manages to climb back out over 4230 today, then potential huge sell signal might get aborted...
But a weekly close under 4200, and SPX going to be looking mighty tired....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1727
K Wave
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Posted 18 June 2021 - 08:05 AM
Daily SP...has potential Divergent TIMBER! written all over it....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1728
linrom1
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Posted 18 June 2021 - 08:26 AM
Daily SP...has potential Divergent TIMBER! written all over it....
You got a very good system Kwave. Your comments on silver at 28 were spot on. It was very hard to expect large degree correction, but your system pinpointed it.
#1729
K Wave
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Posted 18 June 2021 - 08:30 AM
Doogy Coin gettin' a bit steeper angle of descent....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1730
senorBS
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Posted 18 June 2021 - 09:14 AM
Daily SP...has potential Divergent TIMBER! written all over it....
very interesing action, SP/Dow down considerably, QQQ's not down much at all, looks like 4/5's this mornin in miners, just maybe an impt low? we see
Senor
