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


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#5531 K Wave

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Posted 18 April 2024 - 08:50 PM

Ayatollahs are Running to Russia as explosions shake the ME. Gold, silver up, palladium maybe up tomorrow?

 

 

PA definitely thinkin' about it.....

 

PL may have finally carved out bottom as well

 


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

 

 


#5532 K Wave

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Posted 18 April 2024 - 08:51 PM

IF....this sticks overnight...GDX could be Gap N Go off to the races above 34 tomorrow


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

 

 


#5533 K Wave

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Posted 18 April 2024 - 08:56 PM

IF...and in this situation...a pretty big if....2YR stays down...we might have a big failure to launch there....

 

But if it recovers and goes back above 5 now...could be a lot different story

 

 


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

 

 


#5534 senorBS

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Posted 18 April 2024 - 09:02 PM

 

Question is: does Silver need a shakeout before it lifts off from $28???

 

In any event, above 28.70 it may be gone now

 

Hey amigo, one really interesting count in silver from the highs. It would have 5 down for wave A, then a B wave contracting triangle ending at today's highs, now a sharp wave C thrust down to 27 area or lower that is perhaps "scary" but will end quickly. we see

 

Senor

 

Bearish possible tri may be getting blown out, also with Dow Futures down big if it holds could be a wild night, fine with me if gold and silver hold/extend gains as I remain solidly long

 

Senor



#5535 K Wave

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Posted 18 April 2024 - 09:18 PM

Gold up....BTC down 3K....


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

 

 


#5536 K Wave

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Posted 18 April 2024 - 09:37 PM

Vix futures....

 


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

 

 


#5537 K Wave

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Posted 18 April 2024 - 10:20 PM

And they coughed it all up...not super surprising...

 

now we see about getting that pullback

 

next few 15 min maybe give some clues

 


Edited by K Wave, 18 April 2024 - 10:21 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

 

 


#5538 senorBS

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Posted 19 April 2024 - 07:15 AM

And they coughed it all up...not super surprising...

 

now we see about getting that pullback

 

next few 15 min maybe give some clues

 

[stockchar

Yeah, there remains IMO a decent possibility that wave C declines are "needed" in gold and silver, would love to add "if" it occurs

 

Senor



#5539 dharma

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Posted 19 April 2024 - 11:32 AM

gold remains firm, downside in broad market  accelerating 

dharma



#5540 K Wave

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Posted 19 April 2024 - 01:07 PM

GDX has tentative hold above 34...but if UVXY actually lifts off from 40, might not last...

 

AI pretty much as expected ...looking like April 2000 today...SMCI...wowza

 

Lobby, please

 


Edited by K Wave, 19 April 2024 - 01:09 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