was today another fakeout OR??
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
#802
Russ
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Posted 03 May 2021 - 07:16 PM
i am in the camp here that we are close to an important top in the broad market
think it is risky to be long anything here we will see
Sparks may start to fly in August leading to a sharp decline into October which is typical. So Gold could rise into August and then move down with a market sell off?
"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/
#803
tradesurfer
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Posted 03 May 2021 - 07:30 PM
Today's action in the metals was interesting.
After last Fridays hard down red close , we gap and go up today and strong close. Not only that but today is new monthly bar
I think today's gap qualifies as a professional gap higher.
After last Fridays hard down red close , we gap and go up today and strong close. Not only that but today is new monthly bar
I think today's gap qualifies as a professional gap higher.
#804
dougie
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Posted 03 May 2021 - 08:08 PM
lets see how we handle 1800
#805
K Wave
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Posted 03 May 2021 - 08:46 PM
After the super ugly failure at 13900 earlier today, NQ now near an even more important pivot....
A 4 hour close overnight under 13700 could have disastrous consequences....
Edited by K Wave, 03 May 2021 - 08:46 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#806
K Wave
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Posted 03 May 2021 - 08:49 PM
the question is...will metals separate themselves from the pack if stocks roll over here....
Silver 26 / SLV 24 is the line in the sand now....as long as bulls hold those levels, possible bulls could push it out the top.
But back under those levels would likely be very no bueno now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#807
linrom1
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Posted 03 May 2021 - 09:00 PM
Some sharp guy noticed this dotted line, note after all this we exceed last high by a mighty $1.
#808
crossd
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Posted 04 May 2021 - 06:05 AM
https://www.investor...sg&mid=21965777
oscillators for gold,silver,energy...automatic buy sell signals
donc
#809
K Wave
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Posted 04 May 2021 - 06:46 AM
After the super ugly failure at 13900 earlier today, NQ now near an even more important pivot....
A 4 hour close overnight under 13700 could have disastrous consequences....
Rutro???
Looking like big gap down below key support level very possible on Naz now....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#810
K Wave
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Posted 04 May 2021 - 07:12 AM
AAPL getting torched pre-market right after Cramer comes out with Buy Buy Buy
Starting look like key 132 level may now be history for bulls....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
