55 replies to this topic

[dougie]

Something like this Senor?

[senorBS]

Senor:"If this count is correct there is likely something like 8 plus pts of upside "

in what time frame would you sexpect to see that unfold per chance?

Thrusts are usually rapid affairs, 2-3 months perhaps (or less) in this case IF correct on count, I usually don't worry about "time" that much

 

Senor

[dougie]

BIG IF

[dougie]

SILJ : simple backtest of failure?

[senorBS]

Something like this Senor?

Yep, and we'll see if it plays out

 

Senor

[dougie]

Silver alternate

[senorBS]

can't rule that out but the contracting tri pattern runs across the board (and IMO looks even better) in all those "silver priced in other currencies" and that to me is compelling for the "weight of evidence" argument - time will tell

 

Senor

Edited by senorBS, 21 July 2021 - 08:06 PM.

[senorBS]

Well the first significant bit of bullish evidence IMO comes from the SLV which of course does not include after hrs/overnight trading but basically has the same potential contracting triangle that I wrote about in silver vs all key currencies. SLV from its recent decline low looks like 5 up hourly at this time to todays highs (so far) from recent low at 23. So at least a significant "trading" low likely has been seen, whether it is the possible Wave "E" remains to be seen

 

Senor

Bingo bango bongo "so far" as 5 up was correct, quick abc decline this mornin and now new rally highs above 5 up high - no excuses SLV should be in a wave 3 up near term, big fade today from here NOT good near term 

 

Senor

[dougie]

this is for the marbles

[senorBS]

this is for the marbles

a big SI SI and NO BS

 

Senor