Member
Posted 04 October 2021 - 06:58 AM
That bounce that just happened at Gold 5 min line could be for all the marbles now....
IF bulls can hold there, and take it out the top, they could be back in Business.
But a breach of that level now could be No Bueno...
Decision Time likely pretty soon 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
Member
Posted 04 October 2021 - 07:12 AM
Dr Copper acting pretty strong since the stick save at 4.10 area...
If it can clear and hold 4.30, bulls might have big swing low in place....
Yet another failure at 4.30 could be No Bueno....
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 04 October 2021 - 08:18 AM
Crude has broken through the double top at 76...
if this actually sticks, could be big development.....
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 04 October 2021 - 08:30 AM
CRB index still flying after the HUGE break back above 200.
Weekly target zone still 260-275 area before any real longer term resistance.
Likely we never see below 200 again in our lifetimes....
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 04 October 2021 - 08:51 AM
look at whats happening here oil up big 10 year yield up this is a formula for the market to get crushed
Member
Posted 04 October 2021 - 10:14 AM
gannman, that is what i think is in the cards, i have increased my vxx position. i also believe gold is going to soar. it will be a perfect storm https://galacticupda...ct4scumfun1.png
the fed is bed down in hotel california, they can never leave the markets. i believe this new moon will be a powerful change(oct6) in the markets
dharma
wave 3 front and center
Member
Posted 04 October 2021 - 11:12 AM
Gold trying to peek above resistance one more time....
Can bulls finally get through this time?
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 04 October 2021 - 11:19 AM
tech stocks have been the best performer on a stout stock market. this has forced folks to buy dollars world wide to buy tech stocks
i think a key lynch pin to support the dollar is weakening . gold will gain strength as the dollar weakens
just my 2c
dharma
Edited by dharma, 04 October 2021 - 11:20 AM.
Member
Posted 04 October 2021 - 11:28 AM
if we take out 4275 on the sp today market in big trouble imho
Member
Posted 04 October 2021 - 11:32 AM
GOLD EURO still looking bullish after 15 min backtest...just need to clear and hold the longer term resistance now...
Would not remain long below that pivot, as it would likely signal longer term rollovers 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
