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


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#2591 gannman

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Posted 18 August 2022 - 05:37 AM

time segmented volume on gdxj bottomed on june 14 . we are now a lot higher 

 

on time segmented volume and the price is lower on gdxj so we have a nice positive 

 

divergence . its a great setup imo , this is just my opine it doesnt mean anything really 

 

until price starts to move up 


feeling mellow with the yellow metal


#2592 gannman

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Posted 18 August 2022 - 06:34 AM

Ukraine: Preparing for the worst as situation at nuclear plant ‘approaches critical’ - BBC News

 

my feeling we are going to have a nuclear meltdown that will be a game changer 


feeling mellow with the yellow metal


#2593 gannman

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Posted 18 August 2022 - 06:47 AM

if this happens commodities will go thru the roof imo 

 

the insanity of man 


feeling mellow with the yellow metal


#2594 K Wave

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Posted 18 August 2022 - 09:06 AM

PL update....pretty much as expected thus far....

 

Bulls need it to hold $900, and then turn that 200 upwards to have a shot at THE BIG TURN

 

pl.png


Edited by K Wave, 18 August 2022 - 09:10 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

 

 


#2595 gannman

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Posted 18 August 2022 - 10:14 AM

late august has seen some important tops in the stock market and i do believe we 

 

will be seeing a bottom in the miners and the metals at the same time the market tops

 

we will see


feeling mellow with the yellow metal


#2596 Smithy

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Posted 18 August 2022 - 11:18 AM

Kwave, good to see you as always.

 

The pullback in gold is approaching the low of the 4th wave of lesser degree at spot 1755. We'll see today if it holds. Curr. 1757.



#2597 senorBS

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Posted 18 August 2022 - 01:21 PM

Looking to me like abc declines from recent rally highs in GLD/SLV and most miner stuff are ending or have ended at today's lows, we see

 

Senor



#2598 dharma

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Posted 18 August 2022 - 01:39 PM

gld has hourly divergences and was oversold.  today was the last day in this turn cycle

i really dont know what to make of the miners

the broad market is interesting looks like its topping spy could not close above its 200dma

michael burry just went to all cash

dharma



#2599 CHAx

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Posted 18 August 2022 - 01:58 PM

PAAS January 2023,  nearly 1k puts purchased today vs 67 calls.  Overall open interest 40k calls vs 26k puts.  10k of those calls are 35 or higher (need more than 100% move).   Market participants starting to give up on silver miners?



#2600 Smithy

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Posted 18 August 2022 - 02:06 PM

".... The pullback in gold is approaching the low of the 4th wave of lesser degree at spot 1755. We'll see today if it holds. Curr. 1757..."

 

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Low of the day for spot gold 1755.3 corroborates Senor's call, if that area holds. Looking good so far.