Jump to content



Photo

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


  • Please log in to reply
6049 replies to this topic

#5741 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:28 PM

Now that PL bottomed pretty much in area expected...it MUST reclaim hourly above 920

 

Hard and fast out of the hole would be preferred, rather than meander up to backtest

 


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

 

 


#5742 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:33 PM

UTES are not backin' off.....

 

no sign of weakness in rates yet...but this is interesting...

 


Edited by K Wave, 25 April 2024 - 12:38 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

 

 


#5743 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:39 PM

Here we go... step on that GDX gas pedal....


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

 

 


#5744 dharma

dharma

    Member

  • Traders-Talk User
  • 9,621 posts

Posted 25 April 2024 - 12:41 PM

i believe we are approaching 1977 in terms of gold/silver outperformance of all assets  . This will occur for some years

https://twitter.com/...3566836/photo/1



#5745 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:41 PM

PA still very weak sister...but if can turn here and get back above 990, and then 1K...could still get a turn here

 

1030 is the Big Kahuna 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

 

 


#5746 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:45 PM

A close anywhere above that last swing high should be all bulls need on GDX

 

Whether the big action comes today or tomorrow not as important getting that close above the key level 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

 

 


#5747 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:47 PM

I suppose it is even possible we could stall just shy today and then Gap it tomorrow

 

But am liking bulls odds today....lotta time left


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

 

 


#5748 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:47 PM

At some point.... NEM action has to make folks pay some attention.....


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

 

 


#5749 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 25 April 2024 - 12:51 PM

Looking more and more like FTSE bears may be losing the opportunity for a quick breakout/fakeout

 

Another new high and this could really start to run

 

 


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

 

 


#5750 linrom1

linrom1

    Member

  • Traders-Talk User
  • 4,027 posts

Posted 25 April 2024 - 12:55 PM

and just like that , NQs could turn green for the day.