I see current move up as corrective?
Posted 07 April 2021 - 12:40 PM
I see current move up as corrective?
Posted 07 April 2021 - 02:09 PM
And you may end up with a completely empty truck if you did not take a shot divergent double bottom 4 hour support....
But yes, should that support get broken, GLD 130-140 range would be next target zone.
well i wont end up with an empty truck. but timing exact bottoms is something i have never exceeled at
Posted 07 April 2021 - 02:26 PM
Its starting to look like /BTC might have cracked. I really would not be bullish on a test of 52,500.
Posted 07 April 2021 - 02:34 PM
took a needed break, was 10% long coming into today, just moved 30% long in last 10 minutes FWIW, think we have 5 up hourly from last weeks lows in most stuff, will add if we go lower
Senor
Posted 07 April 2021 - 03:34 PM
we did 5 waves up in these indices and are now correcting imo
This
Senor
Posted 07 April 2021 - 06:23 PM
gold looks solid . nice double bottom @the lows . impulsing higher. off those lows
what has me worried is the broad market . the vix this morning had a reading of 9 talk about complacency
the sp has a 90 dsi nasdaq has a dsi of 85 AND the nikkei has a dsi of 90 imo this is a time to be on your toes
we may be presented w/some unforeseen bargains. this happens over and over and over again
these are precarious waters
just my 2c
dharma
Posted 07 April 2021 - 08:27 PM
And you may end up with a completely empty truck if you did not take a shot divergent double bottom 4 hour support....
But yes, should that support get broken, GLD 130-140 range would be next target zone.
well i wont end up with an empty truck. but timing exact bottoms is something i have never exceeled at
The way people talk about gold going to 2400+, it'll be hard to miss this move. Silver will retrace no matter what, so buying on a pull should be no problem anyway.
Edited by linrom1, 07 April 2021 - 08:30 PM.
Posted 08 April 2021 - 12:53 AM
if we are going to fail, it will be soon. otherwise the bottom is in
Posted 08 April 2021 - 01:10 AM
I see current move up as corrective?
Is there historic examples of a double bottom leading to a 4 wave?
Edited by Russ, 08 April 2021 - 01:12 AM.