Member
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
Member
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
Member
Posted 18 August 2022 - 06:47 AM
if this happens commodities will go thru the roof imo
the insanity of man
Member
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
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
Member
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
Member
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.
Member
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
Member
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
Member
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?
Member
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.
