IF Bonds actually get up a full head of steam today....not impossible GDX gets full recovery of 34 sooner than later
we either have a wave 1 of a new bull market or more backing and filling
Started by
dharma
, Jan 05 2023 06:30 PM
6044 replies to this topic
#5631
K Wave
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Posted 23 April 2024 - 09:29 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
#5632
K Wave
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Posted 23 April 2024 - 09:30 AM
G/S... here's 85...see if bulls can retake it now
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5633
K Wave
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Posted 23 April 2024 - 09:34 AM
Bears gonna need more damage than that....
If FTSE climbs out over 8080 now...bears may have to start scrambling hard for cover....
Edited by K Wave, 23 April 2024 - 09:34 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
#5634
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Posted 23 April 2024 - 09:37 AM
disastrous news after disastrous news for Apple...yet it refuses to break....
https://finance.yaho...st-quarter.html
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5635
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Posted 23 April 2024 - 09:39 AM
Full hourly recovery on PA....now just needs foothold over 1030
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5636
K Wave
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Posted 23 April 2024 - 09:40 AM
PL still pondering joining the party...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5637
K Wave
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Posted 23 April 2024 - 09:44 AM
TLT flaggin'...see if it can bust out and complete the 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
#5638
K Wave
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Posted 23 April 2024 - 09:51 AM
PL thinkin' harder about it....bulls need it to explode upside if it does lift off here shortly
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5639
jabat
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Posted 23 April 2024 - 10:26 AM
Okay, significant new decline lows this morning in gold and silver, much less so in miners - good action especially with current reversal higher off lows. Some stuff modest to barely new lows or double bottom like SILJ. That wave "C" thrust down is silver IMO has a good chance to have ended, should rally back toward 28.80 fairly quickly "if" my count is correct. we see
Senor
Good call. Today is full moon as well, where metals bottom out.
#5640
senorBS
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Posted 23 April 2024 - 11:59 AM
Saw this on another board, thought it was interesting:
09Apr24 --> Yellen concludes China visit
15Apr24 --> China raises Shanghai Futures margin requirements for gold contracts.
22Apr24 --> China raises transaction fees for Shanghai Futures exchange gold contracts.
22Apr24 --> China imposes position limits for Gold futures contracts for delivery.
22Apr24--> COMEX increases Gold contract margin requirement from $8500 to $10000
22Apr24--> COMEX increases Silver contract margin requirement from $8500 to $10000
22Apr24 --> US Gold futures sell off ~3%
