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


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#311 K Wave

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Posted 05 April 2021 - 12:29 PM

There is something not right with the market. Oil and XLE are down big and grains despite super bullish reports are NOT moving. Run!!!!

Not to mention Sanku 3 Gaps all over the place....

 

Watch RUT...may be be first to fill the 3rd gap, triggering the warning....


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

 

 


#312 dharma

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Posted 05 April 2021 - 02:26 PM

this is the count i have been using and now i see the captain is also in this place

https://captainewave...wapr521gdxd.png

still has to prove it

 

dharma



#313 gannman

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Posted 05 April 2021 - 03:23 PM

i basically agree with that chart dharma bottom line we should be heading north here

 

hui did a perfect pullback today so tomorrow is interesting for sure


feeling mellow with the yellow metal


#314 Russ

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Posted 06 April 2021 - 12:01 AM

this is the count i have been using and now i see the captain is also in this place

https://captainewave...wapr521gdxd.png

still has to prove it

 

dharma

Hey Dharma,  Captains chart looks good, not sure what he sees after the May high but I'm seeing the high coming in July on some charts but the  GDM chart looks the best with the high coming in August which is a typical month to peak - Leo the King seems to control Gold. Eric Hadik in his latest report is saying ... Some metals and related stocks could stretch final peaks into Aug./Sept. ‘21.  


Edited by Russ, 06 April 2021 - 12:01 AM.

"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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#315 K Wave

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Posted 06 April 2021 - 08:30 AM

now just have to make this gap up stick....


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

 

 


#316 gannman

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Posted 06 April 2021 - 08:40 AM

on the hui if we are in a subdividing iii here here this is going to rocket

 

i dont know we are in an impulse wave no doubt about that and this impulse 

 

wave is wave iii so this will be a lot of fun 


feeling mellow with the yellow metal


#317 K Wave

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Posted 06 April 2021 - 09:02 AM

So far the plan of being long miners above 32 GDX working OK.

 

Now Silver needs to hold this move above $25, and this all hopefully starts to sync up to the upside...


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

 

 


#318 linrom1

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Posted 06 April 2021 - 09:24 AM

 

this is the count i have been using and now i see the captain is also in this place

https://captainewave...wapr521gdxd.png

still has to prove it

 

dharma

Hey Dharma,  Captains chart looks good, not sure what he sees after the May high but I'm seeing the high coming in July on some charts but the  GDM chart looks the best with the high coming in August which is a typical month to peak - Leo the King seems to control Gold. Eric Hadik in his latest report is saying ... Some metals and related stocks could stretch final peaks into Aug./Sept. ‘21.  

 

So Hadik is seeing a fake rally followed by multi year bear? Does he think we're going to get severe deflation?



#319 dharma

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Posted 06 April 2021 - 09:44 AM

gold mining is the top biz https://kingworldnew...21-1536x814.jpg

so far things are shaping up

i have to say i was caught by surprise by indias huge import of 160tonnes in march that is quite significant. i wonder out loud if that is a key factor in getting the swaps to lower their short positions.  real physical demand

this is developing very slowly

russ,  hadik also has the war cycle ramping up this year.   and fwiw , i do see deflation in 22-23 which i believe will give gold its super charge for the blowoff.  they will throw everything at the deflation monster.  causing a bigger monster

anyway, a topic for another day. i put up a monthly chart of dba . it is still really early in the game there.  but the big winner as always will be the miners.  i do alot of research there.   platinum leading today

dharma 

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Edited by dharma, 06 April 2021 - 09:51 AM.


#320 Smithy

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Posted 06 April 2021 - 10:30 AM

"    i was caught by surprise by indias huge import of 160tonnes in march that is quite significant."  

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As we know, India has banned cryptos. I'm thinking this might be a result.