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


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#371 linrom1

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Posted 08 April 2021 - 01:15 PM

 

The only way I buy if it corrects and then moves past 1760


Edited by linrom1, 08 April 2021 - 01:16 PM.


#372 gannman

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Posted 08 April 2021 - 01:17 PM

hmm we just made a new daily high on gdx does that mean this thing is going to take off

 

maybe we will see


feeling mellow with the yellow metal


#373 dougie

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Posted 08 April 2021 - 01:31 PM

 

The only way I buy if it corrects and then moves past 1760

unlike you i dont need a correction first. would be nice though



#374 dharma

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Posted 08 April 2021 - 01:45 PM

dsi

gold =26

silver =33

hgnsi=-5  wow 

this sector is far from overbought

in fact we are just getting started 1754 is the magnet here. w/all the newly printed money sloshing around i have to think the broad market 

having all the ear marks of a topping process. w/new cash inflows from the public galloping ahead,  i have to think the broad market will go higher.

   taking out some of these down channels in the pm sector  will be a good start

looks to me like the correction from the august 2020 highs has ended w/this double bottom

dharma 


Edited by dharma, 08 April 2021 - 01:46 PM.


#375 senorBS

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Posted 08 April 2021 - 02:17 PM

dsi

gold =26

silver =33

hgnsi=-5  wow 

this sector is far from overbought

in fact we are just getting started 1754 is the magnet here. w/all the newly printed money sloshing around i have to think the broad market 

having all the ear marks of a topping process. w/new cash inflows from the public galloping ahead,  i have to think the broad market will go higher.

   taking out some of these down channels in the pm sector  will be a good start

looks to me like the correction from the august 2020 highs has ended w/this double bottom

dharma 

yeah looks muy bueno today, added NEM at 61.80-85 to get to about 38% long, as always DYODD, love those senti numbers

 

Senor



#376 dougie

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Posted 08 April 2021 - 02:23 PM

bllees sub 100 for weeks now

building case for lows to be in



#377 Smithy

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Posted 08 April 2021 - 02:39 PM

Hmmm... the Senor vacation gold turn indicator is alive and well!



#378 Russ

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Posted 08 April 2021 - 03:55 PM

Futures look quite bullish but Newmont is weak...

 


Edited by Russ, 08 April 2021 - 03:59 PM.

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#379 gannman

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Posted 09 April 2021 - 01:37 AM

looking at some charts here and we probably completed 5 waves up and are going to correct

 

that is one possibility. the important thing is we did 5 waves up we are impulsing higher 

 

and gdx gld slv all of it is going a lot higher imho 


feeling mellow with the yellow metal


#380 K Wave

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Posted 09 April 2021 - 06:42 AM

After the stick save at 57K, BItcoin now starting to look more like high flag more than possible top.

 

IF it busts over 60K again, could see one last vertical ramp a lot higher...

Any further action back below 57K now would likely abort the moon shot launch.

See if ETH can reclaim 2100 here shortly.

 

For Silver/Gold, it's looks to be about maintaining sideways corrective activity, and NOT taking out the recent swing low.