4036 replies to this topic

[K Wave]

PL 5 min...

 

As long as it does not go back below 960, bulls have a shot here....and back above 990, a pretty solid one methinks....

 

see what happens dead ahead here...

 

[gannman]

russ's late may bottom date looks pretty good to me fwiw 

[dharma]

daily divergences on 9bar rsi reading for gold and silver

miners are fuzzy

1853 resistance 

1833 support

waiting

broad market looks lower to me

dharma

[gannman]

this thing is very close to a major major bottom in the gold sector 

 

that is my feeling one more dip lower in gdx and that is it imo 

 

i will start nibbling then

[K Wave]

Gold bangin' on 1853 as PL continues to surge...

[Smithy]

Back for a goodbye kiss.

(I think of that as a euphemism...)

 

[gannman]

Crashes occur from oversold levels we are very oversoldhere so if we cannot rally strongly here the market is absolutely screwed

[dharma]

broad market getting ready for a bounce.get ready for the buy the dippers

 

dharma

[gannman]

if we take out 3950 in the spx i think we start to get a full scale panic 

 

like the way gld is holding up here 

[gannman]

this market is in full on crash mode right now i dont thing there is any coming back from this imo gld holding up well