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


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#4841 K Wave

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Posted 04 April 2024 - 08:11 AM

I do not see how people look at this GLD chart and are overly bearish....

 

Unless we see severe and quick damage, this has SPX 1995 written all over it. And I am old enough to remember all the non-believer bears fighting THAT one.

 

Literally all bulls have to do now is go mostly sideway for a few weeks, and bears window of opportunity to reverse this thrust will dissipate...

 


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

 

 


#4842 K Wave

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Posted 04 April 2024 - 08:16 AM

Rusty punches back above the 5...will it get back through 2100???

 


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

 

 


#4843 K Wave

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Posted 04 April 2024 - 08:18 AM

Very curious to see how Trannies behave today after the open....today could literally be THE DECIDER there


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

 

 


#4844 K Wave

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Posted 04 April 2024 - 08:24 AM

PA marching to its own drummer....

 

this might be it....

 


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

 

 


#4845 Smithy

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Posted 04 April 2024 - 08:24 AM

KW, good call on gold 2280 support / stoploss. The day is young...



#4846 K Wave

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Posted 04 April 2024 - 08:25 AM

3 hour look

 


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

 

 


#4847 K Wave

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Posted 04 April 2024 - 08:26 AM

See how far they pull PL back...above 940, bears could lose their long term grip on things...

 


Edited by K Wave, 04 April 2024 - 08:26 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

 

 


#4848 linrom1

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Posted 04 April 2024 - 08:29 AM

Risk/reward Palladium vs Gold?



#4849 K Wave

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Posted 04 April 2024 - 08:29 AM

Above 1042, and PA could be off to the races from a huge weekly turn

 


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

 

 


#4850 K Wave

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Posted 04 April 2024 - 08:32 AM

Still think that 8 hour 900 is a realistic target and perhaps quite soon if bulls can get it over 1042 today

 


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