30 min Silver battle could be for the marbles short term...
If bulls win out, then perhaps it does not go to $20 after all.
But if not, then the leg to $20 likely gets under way with authority...
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
#2241
K Wave
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Posted 11 January 2022 - 09:37 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
#2242
linrom1
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Posted 11 January 2022 - 09:47 AM
Yesterday's OI was huge, with OI at highest level since Nov 30, but its all going into April( GCGJ).
#2243
linrom1
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Posted 11 January 2022 - 10:00 AM
10 yr yield with both hourly 200 and 900 kinking up pretty strongly as the big swing high gets taken out...
This sort of double kink action usually implies a powerful start to a longer trend beginning
Still thinkin' 2022 is the year it all changes....
That would certainly derail all marco traders from last 40-years.
#2244
hhh
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Posted 11 January 2022 - 10:01 AM
The miners' indices seem to have decoupled from the broad market. Some days they go almost tick for tick with the S&P500 but today seems like an opposite day.
#2245
K Wave
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Posted 11 January 2022 - 10:12 AM
GLD 5 min...To Fail or Not to Fail...That is The Question...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2246
dharma
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Posted 11 January 2022 - 10:26 AM
kwave agree 2022 is a pivot. watching china this new disease is worrisome. they used the bioweapon of covid on the world is this the next disease.
this study is interesting https://www.thegatew...covid-vaccines/
i like what i am seeing in gold and miners right now .
there are 2 main long term cycles i watch . 23.5 yr cycle , 7.83yr cycle , and 31.33 month cycle we are on the downside of these cycles right now w/a low due 1/24 or10/24
then there is the 25.4 yr cycle , 8.46 yr cycle which is also on the downside till late 2023
dharma
#2247
linrom1
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Posted 11 January 2022 - 11:12 AM
Powell is a con. Now he was supper dovish saying that interest rate increases are going to be dependent on data? What data? The market will ignore the dolt and jack up rates sky high. Powell is making faces and asking "what interest rates hikes."
Edited by linrom1, 11 January 2022 - 11:15 AM.
#2248
K Wave
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Posted 11 January 2022 - 11:28 AM
Starting to look like HUGE pivot at 167 on GLD may hold after all...
GDX above 32 is the key for miners 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
#2249
linrom1
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Posted 11 January 2022 - 11:28 AM
DXY during Powell's testimony!
#2250
linrom1
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Posted 11 January 2022 - 11:48 AM
I am going to short gold because the whole market is being manipulated by the Fed.
