Member
Posted 06 May 2021 - 07:15 AM
Triple Spikes are usually pretty rock solid...so far so good.
Now need to see Silver CLOSE over 27 and SILJ CLOSE over $16.
Pretty obviously, a breach of that Triple Spike bottom would imply a massive failure by bulls now.
In the meantime, maybe the Saturn Vs finally light up today or very soon.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2021 - 07:20 AM
2 hour and 4 hour Silver perfectly setup to launch together.
Once the 200 on the 4 hour actually kinks upward, should be the go signal on an itermediate term basis....
Failure is not an option here gang...it happens NOW, or could be another long wait....
2 hour
4 hour
Edited by K Wave, 06 May 2021 - 07:20 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
Member
Posted 06 May 2021 - 07:38 AM
Gold looks to have successfully negotiated the 2 hour transition back into bull mode....
4 hour resistance still looms a bit higher at 1820 area, but if SIlver does go into launch mode, then it would be fairly likely that Gold might pretty much blow right on through the 4 hour level with perhaps just a brief pause...
And below 1770 now would likely signal trouble 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
Member
Posted 06 May 2021 - 08:19 AM
Watching GDX today....
If it can clear the spike swing top around 36.30, then bull should be good to go.
But if it cannot hold 35.50 area after the open, would be sign of weakness...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2021 - 08:29 AM
Also watching ARKK closely here today...if it is going to crash, today would most likely be the start of the breakaway down.
Looks like it is going to open at or near new low for the move.
If it does not accelerate down after that, and instead starts moving back up, we could have big time stick save bottom there, and Nasdaq along with it...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2021 - 08:31 AM
NFLX finally trading and staying below 500....again, today would be the breakaway day if it is 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
Member
Posted 06 May 2021 - 08:33 AM
i am impressed with how the pm sector is holding up very nice
Member
Posted 06 May 2021 - 08:33 AM
TSLA gapped up to 680, and pulling back.
If it does not immediately take out 670 and start crashing, and instead reclaims 680...reasonably likely bottom would be in....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2021 - 08:34 AM
i am impressed with how the pm sector is holding up very nice
day is very early yet....
but am hopeful this actually sticks....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2021 - 08:35 AM
SLV right at 25 again....could be moment of truth in this area today....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
