4 hour chart on crude getting more and more tired looking as it has churned up here over last few days...
the equinox marks the turn in the pm sector "a new leg higher"
Started by
dharma
, Mar 18 2021 09:21 AM
2864 replies to this topic
#1521
K Wave
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Posted 27 October 2021 - 08:20 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
#1522
linrom1
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Posted 27 October 2021 - 09:25 AM
US30Y down 2% under 2%. WOW! I guess FED is getting ready to taper?
Edited by linrom1, 27 October 2021 - 09:27 AM.
#1523
K Wave
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Posted 27 October 2021 - 09:35 AM
That pivot on GLD at 1 min 900 looks big now...
Unless bulls can reclaim it pretty soon, 4 hour now looking ready to roll back over...
1 min
4 hour
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1524
dharma
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Posted 27 October 2021 - 09:35 AM
while i gather some information here is captain ewave gdx https://captainewave...woc2721gdxd.png+ gold he is still favoring the triangle count https://captainewave...woc2721gold.png silver https://captainewave.../ewoc2721si.png+ spx this structure is one of the weakest in the history of markets it is so extended . it will swoon when the fed tapers or tries to raise rates https://captainewave...ewoc2721spd.png+ the captain is seeing the end of wave 1 in crude oil , https://captainewave.../ewoc2721oil.png dharma
loolo
#1525
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Posted 27 October 2021 - 09:50 AM
while i gather some information here is captain ewave gdx https://captainewave...woc2721gdxd.png+ gold he is still favoring the triangle count https://captainewave...woc2721gold.png silver https://captainewave.../ewoc2721si.png+ spx this structure is one of the weakest in the history of markets it is so extended . it will swoon when the fed tapers or tries to raise rates https://captainewave...ewoc2721spd.png+ the captain is seeing the end of wave 1 in crude oil , https://captainewave.../ewoc2721oil.png dharma
loolo
I think he may onto something with the GDX chart....GDXJ made it right to the projected target zone, and now reasonably likely ready for corrective wave towards the hourly 200 or so.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1526
linrom1
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Posted 27 October 2021 - 09:54 AM
US30Y down 3.57%. Gold should be rallying! What's going on, is it the infrastructure bill--DOA?
#1527
gannman
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Posted 27 October 2021 - 10:08 AM
@dharma - fwiw i have the same count as him
feeling mellow with the yellow metal
#1528
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Posted 27 October 2021 - 01:23 PM
PLG getting that pre-launch look to it....
Looking like the aircraft carrier turn is nearly complete on daily chart...
Could be nearing last chance to pick it up super cheap...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1529
dougie
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Posted 27 October 2021 - 02:27 PM
PLG getting that pre-launch look to it....
Looking like the aircraft carrier turn is nearly complete on daily chart...
Could be nearing last chance to pick it up super cheap...
or even a bit cheaper?
#1530
K Wave
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Posted 28 October 2021 - 07:02 AM
Gold peekin' over the fence again this AM....let's see if it can finally climb over....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
