Member
Posted 24 February 2022 - 11:07 AM
That 36 open on GDX is THE MARKER...
Could still see a pull back as low as 32 as long as that top stick holds....
But above the top of that stick, and the Miners erupt....
Roger that K-Wave. I just want to reiterate the importance of what happened last night. XAU/EUR made a new all time high. Sign of the Bull, not the bear, in-case anyone has lost sight during this consolidation.
Member
Posted 24 February 2022 - 11:44 AM
nasdaq turns green folks go into metaverse for safety. seriously could be a big reversal day . lets see how it plays out
from astrology
mars and venus at war in sagg. this lasts into april 20th so this aggression by russia may not be the only war that erupts over the next 2 months and the war cycle is also strong in 2023 .
oil has more than doubled since biden is president.
5 fed governors talking today all at different locations
dharma
Member
Posted 24 February 2022 - 12:34 PM
Dharma - " stocks could be a big reversal day" - reversing up or reversing down?
Appreciate the war astro.
Member
Posted 24 February 2022 - 12:43 PM
Dharma - " stocks could be a big reversal day" - reversing up or reversing down?
Appreciate the war astro.
nasdaq opened way down and reversed to up on the day. gold hit 1976 high broke into the next higher price cycle then reversed to 1923 back into this price cycle. this area offers strong resistance topped in 2011 @1924 held for 9 years. troubling
stocks meeting buying and support .
dharma
what are your thoughts here?
Edited by dharma, 24 February 2022 - 12:43 PM.
Member
Posted 24 February 2022 - 12:56 PM
Who would've believed it if you said gold would be up $30 and the GDXJ negative?
i said it two days AGO
Member
Posted 24 February 2022 - 01:13 PM
Dharma, looking for a correction in gold. Worst case is a pullback to the daily triangle trend line, although I think that's extreme.
Closed out about 50% of gold longs on today's open, looking for re-entry but in no hurry.
Nibbling on GBTC. Long today $SPX, stops under today's lows.
Gone for a few days R&R.
Member
Posted 24 February 2022 - 01:19 PM
will oil put a damper on miners while gold soars?
dougie: is this the post you're referring to? I've certainly seen this happen the last time oil soared.
Member
Posted 24 February 2022 - 01:21 PM
nasdaq turns green folks go into metaverse for safety...
dharma
Of course when the bombs take out the power generation, the metaverse collapses quite quickly, along with cryptos, LOL.
Member
Posted 24 February 2022 - 01:22 PM
That 36 open on GDX is THE MARKER...
Could still see a pull back as low as 32 as long as that top stick holds....
But above the top of that stick, and the Miners erupt....
Roger that K-Wave. I just want to reiterate the importance of what happened last night. XAU/EUR made a new all time high. Sign of the Bull, not the bear, in-case anyone has lost sight during this consolidation.
yEN TOO
