Yup - Ive got 1813 to be more precise 
---------------------------------
JGuitar - might I ask - how do you arrive at that?
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
#401
Smithy
-
- Traders-Talk User
- 2,293 posts
Member
Posted 10 April 2021 - 03:42 PM
#402
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 11 April 2021 - 12:42 AM
we did 5 waves up in gdx and we are now correcting it. i think we pullback early in the week
and then finish the week strong. and blast thru the 200 dma in gdx over the next two weeks
once we do that and take that out solidly we are off to the races. it is just my opinion
feeling mellow with the yellow metal
#403
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 11 April 2021 - 01:05 AM
https://tradingecono...m/commodity/crb
long term chart of the crb commodities are going higher no doubt about that a lot higher at least double imo
and probably more
feeling mellow with the yellow metal
#404
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 11 April 2021 - 01:09 AM
also on gld look at the head and shoulders bottom in gld that formed around the 29 30 of march
charts dont lie
Edited by gannman, 11 April 2021 - 01:09 AM.
feeling mellow with the yellow metal
#406
K Wave
-
- Traders-Talk User
- 26,862 posts
Member
Posted 11 April 2021 - 08:37 AM
Yup, until we push a bit further sideways and up, not quite off the launch pad yet.
Next week's action could be crucial to longer term pic.
Definitely liking the resilience up here thus far though.
Silver seems to be in the process of reclaiming $25 as a floor level.
Should that turn back into resistance, could be a problem.
And it should be noted on the CRB chart...if it also goes sideways and up from here, it should be a clear case of long term Floor Recapture...which is extremely bullish when it happens.
My daily stuff says we likely already have it
Edited by K Wave, 11 April 2021 - 08:46 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#407
senorBS
-
- TT Member+
- 10,957 posts
Member
Posted 11 April 2021 - 10:07 AM
in addition to the recent bueno posts the dollar index is looking VERY bearish IMO - looks like an accelerating leg down underway, that being said I don't think there should be any "significant downside" from here in miners and we should keep rallying this week
Senor
#408
dougie
-
- Traders-Talk User
- 9,048 posts
Member
Posted 11 April 2021 - 05:40 PM
to me risk reward for a short here is good. stops are very clear and right above.
#409
Russ
-
- Traders-Talk User
- 7,196 posts
Member
Posted 11 April 2021 - 06:26 PM
Some great gold and gold stock charts towards the bottom, Uranium also is breaking out.
https://breakpointtr...acy/?nl_id=4967
Edited by Russ, 11 April 2021 - 06:30 PM.
"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/
"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/
#410
CHAx
-
- Traders-Talk User
- 1,614 posts
Member
Posted 11 April 2021 - 09:17 PM
/HG, /PL off to an ugly start this week. /HG going to trade below 4.00 the majority of the week imo.
