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


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#1761 K Wave

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Posted 22 June 2021 - 07:18 AM

ETH joins Doggy in taking out the Jun 11 low area....despeculation wave could be dead ahead.....

Oh yeah....

 


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

 

 


#1762 K Wave

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Posted 22 June 2021 - 07:28 AM

Silver at very interesting juncture this AM.

 

After the midnight (CDT) stop run below 25.80 on Sunday night, it has been coagulating the wound between 25.80 and 26.

Another breach of 25.80 would likely be no bueno...

 

But if it holds here, and starts moving back above 26 later today, then possibility the Solstice Low is in......


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

 

 


#1763 senorBS

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Posted 22 June 2021 - 10:16 AM

Like the early action, some stuff like SILJ makes a marginal new low many don't, IMO part of the bottoming process, holdin long 

 

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#1764 CHAx

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Posted 22 June 2021 - 12:36 PM

last 5 minutes some very large /GC volume, no huge price movement yet, but unusual to trade 500-1k contracts every minute when typical volume is around 100 per minute.  Anyone know what news item is driving action at this moment?

 

Edit:  Maybe some jitters ahead of this speech:

 


Edited by CHAx, 22 June 2021 - 12:40 PM.


#1765 senorBS

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Posted 22 June 2021 - 01:50 PM

lets see if they can jam this pig in the last hryes.gif

 

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#1766 dougie

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Posted 22 June 2021 - 03:46 PM

if the miners bore you, play BTC. wow, talk about wild swings!



#1767 dougie

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Posted 22 June 2021 - 06:26 PM

we might ned to wait till Late August...



#1768 Russ

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Posted 22 June 2021 - 10:53 PM

New Armstrong article on Gold, but have to be a subscriber to see it. https://www.armstron...d-the-insanity/


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#1769 Smithy

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Posted 23 June 2021 - 06:15 AM

Russ, can you tell us the upshot?



#1770 Russ

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Posted 23 June 2021 - 07:07 AM

Russ, can you tell us the upshot?

Sorry I don't have a subscription so I can't so we will both have to remain in the dark for now, other than his long term forecast for 3-5k gold by 2024. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/