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


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#1211 gannman

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Posted 24 May 2022 - 01:19 PM

my short term count on silver to me it looks like it should blast off here fwiw 

 

intermediate term everything in the sector is bullish


feeling mellow with the yellow metal


#1212 dougie

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Posted 24 May 2022 - 02:12 PM

senor being flat is never a great sign



#1213 dougie

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Posted 24 May 2022 - 03:34 PM

is it true that the CRB and dollar rising together dramtically is highly rare phenomena?



#1214 senorBS

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Posted 24 May 2022 - 04:14 PM

senor being flat is never a great sign

I can see the case for a substantial rally after the recent oversold extremes seen, however I can also see the case for a lower low, I have missed out before and if that's the case here there is ALWAYS another opportunity. That and being out of town makes the sidelines an easy choice for me

 

Senor



#1215 dougie

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Posted 25 May 2022 - 12:38 AM

is silver hourly perhaps a leading diagonal?



#1216 K Wave

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Posted 25 May 2022 - 05:36 AM

Well, PL was a huge disappointment....now watching to see what gold does at backtest of 1853 area.

 

A completed throwover could be no bueno...


Edited by K Wave, 25 May 2022 - 05:36 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

 

 


#1217 gannman

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Posted 25 May 2022 - 08:59 AM

xle looking good copx x looking good should blast off soon

 

i believe both of those are going a lot higher 

 

boil going higher imo 

 

gld has completed a minor wave up from the low on the 16th 

 

now pulling back 


Edited by gannman, 25 May 2022 - 09:06 AM.

feeling mellow with the yellow metal


#1218 gannman

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Posted 25 May 2022 - 09:49 AM

when the dow drops under 31500 the final wave v down in the broad market will be in force

 

we probably bottom some time around the june solstice just a guess here to complete 

 

wave A of the bear market

 

around 32000 on the dow is resistance a = b 


Edited by gannman, 25 May 2022 - 09:52 AM.

feeling mellow with the yellow metal


#1219 gannman

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Posted 25 May 2022 - 10:01 AM

started buying some soxs fwiw 


feeling mellow with the yellow metal


#1220 dharma

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Posted 25 May 2022 - 11:06 AM

sure looks to me like we finished a 5 3 5 in the gdx and gdxj. the next move will be down.  should not be a big surprise as we are heading into the seasonal weak time of year . senor has an uncanny timing to his vacations

dharma


Edited by dharma, 25 May 2022 - 11:07 AM.