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


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#5671 K Wave

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Posted 24 April 2024 - 01:28 PM

So far Silver bulls not making much headway on getting G/S to roll over...so reasonable possibility wedge breaks up to the hourly target....

 

If so, then we see...

 

 

 

 

 


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

 

 


#5672 K Wave

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Posted 24 April 2024 - 01:30 PM

See if Silver bulls can even reclaim 1 min 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

 

 


#5673 K Wave

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Posted 24 April 2024 - 01:34 PM

Not ruling out a double test of 32 GDX either...

 

Below that, things would start to get iffy

 

Bulls need to generally hang on for another day or 2 without too much damage ...and then BLAST it above 34 to win here

 

I say SHOW ME

 

 


Edited by K Wave, 24 April 2024 - 01:35 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

 

 


#5674 K Wave

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Posted 24 April 2024 - 02:52 PM

2 yr rate bounce was way weaker than 10 yr....interesting

 

 

89 still looks key on TLT if they do try the double reverse...

 


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

 

 


#5675 K Wave

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Posted 24 April 2024 - 02:54 PM

WPM still looking generally pretty good...just need to get it solidly out the top some time in next few days...and NOT hard down

 


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

 

 


#5676 K Wave

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Posted 24 April 2024 - 02:57 PM

NEM on the other hand still pathetically weak...but...maybe...tomorrow starts to change that....

 


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

 

 


#5677 K Wave

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Posted 24 April 2024 - 03:01 PM

Blast above 40 tomorrow on NEM would likely transition the 4 hour...and that could be a good thing for the woefully mismanaged operation.

 

I mean how do you have Gold at 2300 and NEM still at 1987 prices...SMH

 

 

 


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

 

 


#5678 K Wave

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Posted 24 April 2024 - 03:23 PM

Just gettin' ugly on BTC 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

 

 


#5679 K Wave

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Posted 24 April 2024 - 03:28 PM

getting a bit uglier on that FTSE throwover...

 


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

 

 


#5680 linrom1

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Posted 24 April 2024 - 03:29 PM

META croaks the whole market.