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


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#4031 K Wave

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Posted 05 January 2023 - 12:54 PM



GDX breaking out into a 5th wave?   

Here's the problem with GDX...yeah...

 

Climb out over the 900 day, then we can talk.

 

But back below the 200 day...IF this move over 30 turns out to be a final bear rally overthrow (which bear rallies absolutely love to end with)....would be no bueno

 

gdx.jpg


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

 

 


#4032 K Wave

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Posted 05 January 2023 - 12:57 PM

Watch GDX 4 hour here over next couple days for clues...

 

bulls DO NOT want to see throwover here....

 

gdx.jpg


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

 

 


#4033 K Wave

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Posted 05 January 2023 - 01:00 PM

And for more granular look, watch GDX 5 min...failure to hold 5 min line over next few days would be first warning possible throwover action in progress.

 

gd5.jpg


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

 

 


#4034 K Wave

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Posted 05 January 2023 - 01:07 PM

As I said before, 104 area big....Uncle Buck holding it so far.


Edited by K Wave, 05 January 2023 - 01:07 PM.

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

 

 


#4035 K Wave

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Posted 05 January 2023 - 01:11 PM

Also...maybe about time to start a 2023 thread?


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

 

 


#4036 Russ

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Posted 05 January 2023 - 01:41 PM

 



GDX breaking out into a 5th wave?   

Here's the problem with GDX...yeah...

 

Climb out over the 900 day, then we can talk.

 

But back below the 200 day...IF this move over 30 turns out to be a final bear rally overthrow (which bear rallies absolutely love to end with)....would be no bueno

 

gdx.jpg

 

I have indications on silver for an April low developing, it was not a good sign that Silver did not go up yesterday when gold did. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#4037 dharma

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Posted 05 January 2023 - 06:32 PM

ok started a new thread

dharma