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


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#201 dharma

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Posted 26 January 2023 - 10:28 AM

kwave appreciate the pictures you paint.   thanks

i am always long, but not aggressive here just  core positions right now. as i do feel a correction is due

what has my attention is the broad market seems ready to slip on a banana peel

dharma



#202 Russ

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Posted 26 January 2023 - 10:32 AM

Dollar looks like a double bottom,  yen is breaking out of it's wedge and Euro double top perhaps. Multiple things appear to be turning. 

 


"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



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#203 linrom1

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Posted 26 January 2023 - 11:02 AM

Peak in AEM, but, I have no confidence in this count. It could be just top of III.


Edited by linrom1, 26 January 2023 - 11:03 AM.


#204 Russ

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Posted 26 January 2023 - 11:16 AM

Overhead resistance on Kinross... 


"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



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#205 K Wave

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Posted 26 January 2023 - 11:22 AM

GLD back test of broken 3 min line complete...careful here...

 


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

 

 


#206 K Wave

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Posted 26 January 2023 - 11:24 AM

PL starting to look like hourly failure and accelerate down possible....

 

dangerous as long as below 1040....

 


Edited by K Wave, 26 January 2023 - 11:24 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

 

 


#207 linrom1

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Posted 26 January 2023 - 11:29 AM

Dollar looks like a double bottom,  yen is breaking out of it's wedge and Euro double top perhaps. Multiple things appear to be turning. 

 



#208 Smithy

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Posted 26 January 2023 - 11:37 AM

Kwave - appreciate your caution.



#209 K Wave

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Posted 26 January 2023 - 11:41 AM

PL fresh lows


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

 

 


#210 Russ

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Posted 26 January 2023 - 11:43 AM

 

Dollar looks like a double bottom,  yen is breaking out of it's wedge and Euro double top perhaps. Multiple things appear to be turning. 

 

 

Dollar has run into some serious support on the white line on declining volume... 


Edited by Russ, 26 January 2023 - 11:45 AM.

"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/