Member
Posted 07 January 2022 - 12:27 PM
captain e wave today
gdx
https://captainewave...wjan722gdxd.png
gold
https://captainewave...wjan722gold.png
silver
https://captainewave.../ewjan722si.png
dolar
https://captainewave...ewjan722usd.png
crude oil
https://captainewave...ewjan722oil.png
his outlook on the pms is what i am thinking also
dharma
Member
Posted 07 January 2022 - 02:16 PM
that GDX chart looks like it could give way and not triple bottom.
Member
Posted 07 January 2022 - 02:27 PM
Assuming the Captain's read is correct, doesn't that ^c^ wave that he's projecting look optimistically short vs. ^a^?
Member
Posted 07 January 2022 - 02:54 PM
Assuming the Captain's read is correct, doesn't that ^c^ wave that he's projecting look optimistically short vs. ^a^?
which chart are you referring to ?i will assume its gold . its about = if that is your reference.
dharma
Member
Posted 07 January 2022 - 02:57 PM
Sorry dharma, I should've been more explicit, I was replying to dougie about GDX. That proposed ^c^ just looks too short. I agree on the gold chart that it looks right.
Member
Posted 07 January 2022 - 03:21 PM
Assuming the Captain's read is correct, doesn't that ^c^ wave that he's projecting look optimistically short vs. ^a^?
It's a convoluted WXYXZ in blue, where Y is a giant wave?
My count is in red.
Edited by linrom1, 07 January 2022 - 03:27 PM.
Member
Posted 07 January 2022 - 03:49 PM
Sorry dharma, I should've been more explicit, I was replying to dougie about GDX. That proposed ^c^ just looks too short. I agree on the gold chart that it looks right.
he is calling that a flat correction.
dharma
Member
Posted 08 January 2022 - 01:20 PM
that GDX chart looks like it could give way and not triple bottom.
GDXJ with ominous Bearish Engulfing a few days back...
IF and WHEN it climbs back out over 42, that would likely be a BIG bull signal.
In the meantime cannot discount possibility of some some ugliness ahead...
Edited by K Wave, 08 January 2022 - 01:21 PM.
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 08 January 2022 - 04:18 PM
By Avi
While I would love to be bullish the metals, this move in GDX is not blowing my socks off. It is looking too much like a 4th wave flat, leading to another lower low below today's low. If we can extend beyond 30.15 for a bigger 5-wave rally, then we have something. Otherwise, this can easily lead to a lower low below todays
Member
Posted 09 January 2022 - 09:40 AM
the way i see gdx is most of the damage has been done already. dont expect it to go a lot lower
it is all about time here imo feb 5 would be 18 moths from the top on 2020 which would make a lot of sense
