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


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#3761 Smithy

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Posted 27 November 2022 - 11:03 AM

SLV has broken out of a 5 month rH&S bottom. Pretty weird he doesn't buy that.



#3762 senorBS

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Posted 27 November 2022 - 12:50 PM

SLV has broken out of a 5 month rH&S bottom. Pretty weird he doesn't buy that.

I also have HUI (and GDX/GDXJ where Nov 3 low were "slight" wave 2 failures IMO) at a minimum 5 up daily form low (5th wave may have more to go). Don't know what he's smokin, some stuff is not crystal clear and frankly it rarely is, but IMO there is enough where one should IMO at least had a 20-40% of portfolio position on, just creates a nice wall of worry which works for me.

 

Senor



#3763 wxman99

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Posted 27 November 2022 - 02:11 PM

This sure looks like a cup and handle pattern

https://stockcharts....73519&cmd=print



#3764 dougie

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Posted 27 November 2022 - 08:48 PM

 

SLV has broken out of a 5 month rH&S bottom. Pretty weird he doesn't buy that.

I also have HUI (and GDX/GDXJ where Nov 3 low were "slight" wave 2 failures IMO) at a minimum 5 up daily form low (5th wave may have more to go). Don't know what he's smokin, some stuff is not crystal clear and frankly it rarely is, but IMO there is enough where one should IMO at least had a 20-40% of portfolio position on, just creates a nice wall of worry which works for me.

 

Senor

 

yeah could well be right. I dont follow him so not sure if he has a core position he trades around?

at any rate, there is plenty of reason to be cautiously bullish in here. Silver esp



#3765 crossd

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Posted 28 November 2022 - 07:04 AM

SLV has broken out of a 5 month rH&S bottom. Pretty weird he doesn't buy that.

..but the handle is broken..

 

donc



#3766 crossd

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Posted 28 November 2022 - 07:05 AM

 

SLV has broken out of a 5 month rH&S bottom. Pretty weird he doesn't buy that.

..but the handle is broken..

 

donc

 

wrong person..sorry..donc



#3767 K Wave

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Posted 28 November 2022 - 11:12 AM

G/S Silver bulls not able to win the battle of 82...

 

And now Gold 4 hour starting to look like bull fail....

 

gold.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#3768 senorBS

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Posted 28 November 2022 - 11:42 AM

OT: new lows for this major decline in spot crude today - at this time we have registered a daily AND WEEKLY RSI divergence vs Sep 25 bottom at oversold levels. Of course, this guarantees nothing but is exactly the type of "new lows" I want to buy into especially when I favor its very possibly downside completion action - also lots of Oilers at higher lows. Been buying this morning, as always DYODD

 

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#3769 dougie

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Posted 28 November 2022 - 01:02 PM

OT: new lows for this major decline in spot crude today - at this time we have registered a daily AND WEEKLY RSI divergence vs Sep 25 bottom at oversold levels. Of course, this guarantees nothing but is exactly the type of "new lows" I want to buy into especially when I favor its very possibly downside completion action - also lots of Oilers at higher lows. Been buying this morning, as always DYODD

 

Senor

care to share any names?



#3770 dougie

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Posted 28 November 2022 - 07:22 PM

what just happened?