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


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#471 K Wave

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Posted 15 April 2021 - 09:31 AM

Solid opening hours for SILJ and SLV...now it is all about follow through at these key levels....


Edited by K Wave, 15 April 2021 - 09:31 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

 

 


#472 linrom1

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Posted 15 April 2021 - 09:32 AM

Starting to try out bear funds. One will hit big soon.

 


Edited by linrom1, 15 April 2021 - 09:34 AM.


#473 linrom1

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Posted 15 April 2021 - 09:43 AM

Stopped out of all golds...not buying any. Not buying anything except short side. Might short gold miners here too.


Edited by linrom1, 15 April 2021 - 09:45 AM.


#474 linrom1

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Posted 15 April 2021 - 09:51 AM

During this economic contraction, everyone's credit scores went up as well as savings. LOL.



#475 dharma

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Posted 15 April 2021 - 09:59 AM

finally some price action.  not 1754 becomes support . 1773  is the end of this price cycle. 1793 breaks into the next higher price cycle . the action is encouraging

watching russia and the ukraine. msm  silent on reporting . both sides have amassed troops on both sides of the border

not happy w/novo opting to dilute its shares.  novo has a big stash of newfound gold ,  which is getting amazing drilling results. 

hadik  has said around april 19 th historically is when moves have begun

dharma



#476 K Wave

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Posted 15 April 2021 - 10:13 AM

SAND still looking very good from an early bull market perspective....

 

Just needs to clear $8 one more time, and sky is the limit....

 

sand.png


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

 

 


#477 K Wave

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Posted 15 April 2021 - 10:19 AM

GDX so far following the Gold lined path....

 

That 200 day is likely going to require a pause, and then bulls need one more sideways down correction to turn the corner for good.....

 

If it manages to go vertical through the 200, then full launch could come sooner....

 

gdx.png


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

 

 


#478 linrom1

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Posted 15 April 2021 - 10:36 AM

 

NEM going to $83? There is a possibility that gold diverges from stocks?


Edited by linrom1, 15 April 2021 - 10:38 AM.


#479 K Wave

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Posted 15 April 2021 - 10:49 AM

 

 

NEM going to $83? There is a possibility that gold diverges from stocks?

Also the possibility stocks could go Supercalifragilisticexpialidocious bubble mode

 

13600 on NDX looks like bifurcation point to me. Unless bears can get it back under that level relatively soon, Nasdaq could go fully vertical for a number of months.....

 

Watch SOX 3k for clues.... if it finds its footing here today, and takes that out, full blowoff mode reasonably likely....back above 3260 on SOX would be first indication of that possibility....


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

 

 


#480 gannman

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Posted 15 April 2021 - 11:08 AM

right now no doubt in my mind we are in a wave iii

 

going to enjoy this bad boy 


feeling mellow with the yellow metal