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


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#1231 gannman

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Posted 26 May 2022 - 11:27 AM

thanks dharma good stuff 


feeling mellow with the yellow metal


#1232 gannman

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Posted 26 May 2022 - 12:04 PM

# senor - the way i see cops is you had that huge run up from mar 2020 to may 2021 for a wave i

 

then we have corrected in an abc for a year with the c wave ending  5 12 2022

 

price action will reveal if this is really the case 


feeling mellow with the yellow metal


#1233 gannman

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Posted 26 May 2022 - 01:02 PM

and the same setup exists in ura. commodities are going to fly here imo 


feeling mellow with the yellow metal


#1234 senorBS

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Posted 26 May 2022 - 01:08 PM

# senor - the way i see cops is you had that huge run up from mar 2020 to may 2021 for a wave i

 

then we have corrected in an abc for a year with the c wave ending  5 12 2022

 

price action will reveal if this is really the case 

Won't argue with the larger 5 up but from the top I see an A down, this is a B up, and we have a big C down to come, pretty clear to me but Ewave can be in the eye of the beholder, we will see

 

Senor



#1235 senorBS

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Posted 26 May 2022 - 02:59 PM

Not impressed by the poor action today in the largest in the 3 largest gold miners AEM/ABX/GOLD, near session lows and poor action



#1236 Smithy

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Posted 26 May 2022 - 08:18 PM

Uranium looking good (such as UUUU), and S&P too.



#1237 linrom1

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Posted 27 May 2022 - 08:10 AM

hanke.jpg



#1238 senorBS

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Posted 27 May 2022 - 08:48 AM

Not impressed by the poor action today in the largest in the 3 largest gold miners AEM/ABX/GOLD, near session lows and poor action

This big 3 of miners down again in early action, if they can't get going IMO it does not bode well for sector, I'd think big money would flow to these stocks first if a big rally was getting underway but who knows, remain in cash

 

Senor



#1239 linrom1

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Posted 27 May 2022 - 09:34 AM

 

Not impressed by the poor action today in the largest in the 3 largest gold miners AEM/ABX/GOLD, near session lows and poor action

This big 3 of miners down again in early action, if they can't get going IMO it does not bode well for sector, I'd think big money would flow to these stocks first if a big rally was getting underway but who knows, remain in cash

 

Senor

 

There is no one buying gold.



#1240 dharma

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Posted 27 May 2022 - 10:11 AM

looks to me like gold has one more lower low  before we turn up in earnest. 

one or 2 more rate hikes and then they stop and reverse. sometime this summer

its a slow motion train wreck. 

dharma