what happened to platinum? HTat trillion dollar coin going to use it all?
the equinox marks the turn in the pm sector "a new leg higher"
Posted 24 September 2021 - 08:20 AM
After a valiant effort, looking like Gold bulls may be losing the battle to hang on to 1750....
Edited by K Wave, 24 September 2021 - 08:20 AM.
Posted 24 September 2021 - 08:24 AM
About to cue up Pitbull?
Or huge stick save?
The curl looks to be favoring Pitbull....
We should find out dead ahead....
Posted 24 September 2021 - 09:38 AM
Gold bears unable to pull Gold very far away from 1750 for any length of time....
If this last back test does not fail hard, then perhaps bears outta gas.
Another breach of 1740 would most likely start acceleration down..
See what happens dead ahead here....
Edited by K Wave, 24 September 2021 - 09:38 AM.
Posted 24 September 2021 - 10:52 AM
from my studies we are getting close. however , the turns i have in the market are all in october, which should be a pivotal month. anger will bubble up in october as sun/mars go into libra. it will bubble over when both enter scorpio. evergrande has missed its payment. i think the market is overlooking this situation. but at some point there will be a wake up call. we will see who evergrande has partnered w/ ie which banks.
Posted 25 September 2021 - 01:43 AM
thanks dharma evergrande is sure an interesting ssituation also look at the yield on the 10 year broke thru
its 200 dma to the upside
gentleman look at this cot i like this one fwiw
Posted 25 September 2021 - 03:53 AM
and fwiw i think it is about to get real in the general market . of course
i have been feeling that way for a long time but that is what i think
first of course the indices need to break support to the downside
lets see that first
Posted 26 September 2021 - 11:04 AM
hi gannman, the power of printing money has not only levitated stock prices but put them into a parabolic. the dow chart is a good example
here is david brady something to think about . https://www.sprottmo...ptember-24-2021
if it wasnt for kwave i would have stopped posting here awhile back.
this guy has his head screwed on https://www.howestre...onomy-bob-hoye/
Edited by dharma, 26 September 2021 - 11:05 AM.
Posted 27 September 2021 - 08:08 AM
10 yr yield right at 1.50.
If that does not hold, and that big floor gets recaptured a 2nd time...a distinct possibility we may be about to see Aug 1982 in reverse, as the 40 yr long down cycle in Interest rates comes to an abrupt end.....
October could be wild....
NQ ramped over night, and now looking at big gap down...if that Gap sticks, agian could be just about to get wild into October...
Let's see how it goes after the open....
Gold in full on coil at the 1750 floor...probably a decisive move coming very soon....
Edited by K Wave, 27 September 2021 - 08:08 AM.