4036 replies to this topic

[dharma]

In today's news... USDX seasonal plunge starts now

 

 well  2 charts  https://seasonalcharts.com/classic_usdindex.html  and the mid terms chart https://seasonalcharts.com/zyklen_wahl_usdx_midterm.html  so it might be a strong start for the year for the dollar 

dharma

one more thought https://twitter.com/...742776630857728

Edited by dharma, 05 December 2022 - 11:47 AM.

[senorBS]

 

In today's news... USDX seasonal plunge starts now

 

 well  2 charts  https://seasonalcharts.com/classic_usdindex.html  and the mid terms chart https://seasonalcharts.com/zyklen_wahl_usdx_midterm.html  so it might be a strong start for the year for the dollar 

dharma

one more thought https://twitter.com/...742776630857728

 

with today's action I still favor 5 up ended in gold/silver/miners and 5 down dollar and now we correct for a couple weeks or so, we see

 

Senor

[dougie]

knew Senior had nailed it last week.

i unloaded a small portion at the highs but not enough

[dougie]

 

 

In today's news... USDX seasonal plunge starts now

 

 well  2 charts  https://seasonalcharts.com/classic_usdindex.html  and the mid terms chart https://seasonalcharts.com/zyklen_wahl_usdx_midterm.html  so it might be a strong start for the year for the dollar 

dharma

one more thought https://twitter.com/...742776630857728

 

with today's action I still favor 5 up ended in gold/silver/miners and 5 down dollar and now we correct for a couple weeks or so, we see

 

Senor

 

how about gold being in a nending diagonal off 2020

[dougie]

[dougie]

https://twitter.com/...0237696/photo/1

[senorBS]

knew Senior had nailed it last week.

i unloaded a small portion at the highs but not enough

I was a bit "early" but had the 5th wave call correct, always hard to pick a top. Now we see how much we correct. Maintaining a 10-15% core and actually added a small bit in a few hammered miner stocks I like

 

Senor 

[senorBS]

when counts can be a bit "messy" nearer term I like to look at weekly close only's. Well, well well HUI/XAU/GDX/GDXJ ALL have weekly 5-wave close only rallies from Sep lows, does not get much better than that IMO. So, for me "weight of evidence" suggests to be accumulating into support on this correction, as always DYODD

 

Senor

[dougie]

does resitance become support?

 

https://www.tradingv...com/x/wmjOzYEZ/

Edited by dougie, 05 December 2022 - 07:14 PM.

[K Wave]

After runnin' into trouble right where expected at 168 level, 164 now a crucial hold for GLD.

 

If it does not hold 164 area and then go up and take out 168, could be problematic...

 

Not at all impressed thus far with PL launch attempt after consolidating above the 900.

 

This 1K area looks important....