If TSLA breaks 670 today, may lead the way down along with the ARK funds on a crash move...
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
#811
Posted 04 May 2021 - 07:14 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
#812
Posted 04 May 2021 - 07:27 AM
A Gap'N'Go to the downside here today on Sox could seal in a Classic 3 Gaps Up To Exhaustion.
The unwind after such a scenario can be brutal....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#813
Posted 04 May 2021 - 07:39 AM
russ, the problem i have here is not with the miners and the pm's themselves but with the general market
as kwave says will they hold up if the general market goes in the tank. for me i do believe the general market
holds a high degree of risk and the miners could very well get sucked into a downdraft. maybe not but also maybe yes
impossible to know
#814
Posted 04 May 2021 - 07:46 AM
2 big levels going forward on AMZN...
Below 3300 would be first sign of possible 3 gaps up exhaustion top in place,
And below 3200...Katy bar the door, the bears are coming....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#815
Posted 04 May 2021 - 07:54 AM
Virtually no one expecting a crash right here...but I have so many individual stock charts perfectly setup....
Does not mean it WILL happen...but this config is where they DO happen....
Very important next couple of days....bulls desperately need a stick save here....and Soon....
4175 looking like very key level for SPX...most likely going to gap below it....if bulls do not reclaim it after the open....buckle up....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#816
Posted 04 May 2021 - 08:06 AM
Watching R2K here today....that chart looks like it is either going to break to upside violently, or to the downside violently on an intermediate term basis.
For now, using the 5 min pivot as the bull bear line, currently around 2260...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#817
Posted 04 May 2021 - 08:12 AM
Want to see SLV close over 25 and SILJ close over 16 now....would first signs this could be the real deal...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#818
Posted 04 May 2021 - 08:24 AM
That backtest of 1780 just successfully completed on Gold likely for all the marbles 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
#819
Posted 04 May 2021 - 08:29 AM
Virtually no one expecting a crash right here...but I have so many individual stock charts perfectly setup....
Does not mean it WILL happen...but this config is where they DO happen....
Very important next couple of days....bulls desperately need a stick save here....and Soon....
4175 looking like very key level for SPX...most likely going to gap below it....if bulls do not reclaim it after the open....buckle up....
Important observation
#820
Posted 04 May 2021 - 08:33 AM
ARKW and ARKK both breach the big pivot....if there is not nearly an immediate stick save over the next few hourly bars, this could now get ugly in a hurry
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy