Jump to content



Photo

we either have a wave 1 of a new bull market or more backing and filling


  • Please log in to reply
5616 replies to this topic

#1031 dougie

dougie

    Member

  • Traders-Talk User
  • 9,046 posts

Posted 17 May 2023 - 02:13 PM

Under this count, gold could retrace all the way to around 1800.

no alteration of 2 and 4?



#1032 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,291 posts

Posted 18 May 2023 - 10:18 AM

Linrom, thanks for posting the gold count.



#1033 dharma

dharma

    Member

  • Traders-Talk User
  • 9,616 posts

Posted 18 May 2023 - 10:29 AM

yes,agree linrom  we could retrace alot of this rally setting up for a wave 3

i believe the broad market is buy the rumor sell the news(which is to come )!!???

dharma



#1034 dougie

dougie

    Member

  • Traders-Talk User
  • 9,046 posts

Posted 18 May 2023 - 12:38 PM

down into July? seems like the most likely thing now. Weekly highs are pretty clear when we made ATHs and sold off hard



#1035 dougie

dougie

    Member

  • Traders-Talk User
  • 9,046 posts

Posted 18 May 2023 - 02:55 PM

but we are overdue for a hard bounce imo



#1036 dougie

dougie

    Member

  • Traders-Talk User
  • 9,046 posts

Posted 18 May 2023 - 10:03 PM

but we are overdue for a hard bounce imo

well overude yes but maybe a few more days



#1037 Russ

Russ

    Member

  • Traders-Talk User
  • 7,193 posts

Posted 19 May 2023 - 12:18 AM

Natural Gas moving up, as predicted weeks ago it should peak in late summer. Oscillator showed the low exactly for Boil (2x leveraged NG fund), $8 looks very likely perhaps by June, late summer could see it in the 30 dollar area. 

 

 

 


"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/

#1038 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,705 posts

Posted 19 May 2023 - 09:30 AM

Can Silver/SLV bulls hold the line at the big trendline back test???

 

If they do, rest of year could be good....

 

 

 


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

 

 


#1039 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,705 posts

Posted 19 May 2023 - 09:32 AM

All Silver bulls have to do now is hold that 200 back test on the G/S

 

Again, IF they do, rest of year could be big for them

 


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

 

 


#1040 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,705 posts

Posted 19 May 2023 - 09:40 AM

Hopefully this battle for Dow 33600 is the final event in the Nobody Wants The Ball Decathlon....


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