4036 replies to this topic

[dougie]

Commodities chart DBC looks like 5 clar waves off the highs from June. So either the commodities rally is done of we have a borther C wave to come after some more up

[senorBS]

finally, some solid upside action in the big time laggard large caps NEM and GOLD, id sustained that could propel HUI and GDX to play some catch up, simply holding 40% long

 

Senor

[gannman]

looking at the hui it looks impulsive here 

 

i think this thing has bottomed fwiw 

 

gld above 170 would be very good we need 

 

one very strong day here to clinch it 

Edited by gannman, 02 August 2022 - 09:26 AM.

[linrom1]

...not sure why they're holding up silver/

[gannman]

amd reports after the close its up nice today on good volume 

[gannman]

with the action in gld it seems to me we are going down for one final low in gld 

 

thats my take fwiw 

[dougie]

looking at the hui it looks impulsive here 

 

i think this thing has bottomed fwiw 

 

gld above 170 would be very good we need 

 

one very strong day here to clinch it 

wait, Hui is impulsive but gld needs another low?

[gannman]

ung looks interesting here fwiw

[gannman]

you can see what is going on with the hui 

 

i expect this to be the final low we will see

[linrom1]

Bought some NEM. The dump in gold was too predictable.