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seems its time for a new thread. war markets are treacherous


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#1081 gannman

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Posted 17 May 2022 - 12:27 PM

hey guys look at the chart of the i=vix from mar 29 i see a clear 5 waves up and now a pullback 

 

the vix is heading a lot higher imo a lot higher


feeling mellow with the yellow metal


#1082 dharma

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Posted 17 May 2022 - 01:04 PM

options expiration this week

 dharma



#1083 senorBS

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Posted 17 May 2022 - 07:01 PM

just sold half of longs now about 14% long, may exit rest depending on what I see, as I said a TRADER here, as always DYODD

 

Senor

stayed with the remaining longs, I do think gold and silver may have 5 up from last week's lows and gold has already pulled back to the 1813 area, may add back if we go modestly lower tomorrow but am content to have very modest positions on at this time.

 

Senor



#1084 Russ

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Posted 17 May 2022 - 08:36 PM

Silver looks to have bottomed.  


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#1085 gannman

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Posted 18 May 2022 - 03:16 AM

if the dollar has not already topped it is real close to topping imo


feeling mellow with the yellow metal


#1086 K Wave

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Posted 18 May 2022 - 07:11 AM

So we now have 1853 rejection follow by 1833 rejection....

 

Gold had better not get a daily close under 1793....

 

BIG air gap below....

 

Back above the 1833 pivot could be first sign Gold may hold 1800 area...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1087 K Wave

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Posted 18 May 2022 - 07:14 AM

PL still holding out the best hope for bulls...

 

But if the throwover at 960 this AM was the last gasp for bulls................

 

pl.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1088 K Wave

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Posted 18 May 2022 - 07:16 AM

Throwovers on now downtrending 900s can be be a big warning sign....

 

Not touching anything long just yet....but should PL suddenly launch from right about here, may change my tune...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1089 Smithy

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Posted 18 May 2022 - 07:18 AM

Kwave, silver looks bullish to me.



#1090 K Wave

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Posted 18 May 2022 - 07:20 AM

if the dollar has not already topped it is real close to topping imo

Not sure what charts you are looking at....

 

Monthly Chart of Fiat against fiat (not gold) is fully bullish, with lT breakout and powering up momo...

 

And April candle looks like a classic launch candle...

 

Short that combo at your peril....

 

dxy.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy