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


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#6011 K Wave

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Posted 02 May 2024 - 01:18 PM

TLT another attack on 89...could this be the one??

 

2 year continues to falter after the 5% fail

 


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

 

 


#6012 K Wave

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Posted 02 May 2024 - 01:59 PM

GDX 33.80...come on, just a bit more....


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

 

 


#6013 Smithy

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Posted 02 May 2024 - 02:59 PM

Come a little bit closer!  

 



#6014 dougie

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Posted 02 May 2024 - 03:22 PM

 

 

DBA, DB Invesco, fund is run by a bunch of crooks. They loaded up 25% of fund's assets with cocoa futures and 10% coffee. And now this. I remember when they had zero exposure to coca. These are July futures.

.. exactly the chart I was looking at.  Very close to bottoming here, maybe another 2-5%.  Bought back 80% of my position. 

 

This is cocoa.It looks like only A of ABC correction is complete?
 

 

here we are F#$%ng around with precious metals while the Real money is playing Cocoa futures



#6015 dougie

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Posted 02 May 2024 - 03:23 PM

IMO all of these ST gyration will look like so much useless noise in 6 months time



#6016 dougie

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Posted 02 May 2024 - 09:26 PM

yen might be toast LT but dont underestimate how many shorts are on it now



#6017 K Wave

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Posted 03 May 2024 - 07:12 AM

GDX red alert not cancelled until back above 34...although probably above 33.80 again could most likely get it done

 


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

 

 


#6018 K Wave

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Posted 03 May 2024 - 07:17 AM

This area here interesting on G/S

 

If Silver bulls can pull the final throwover soon, the the bigger turn could get underway....

 

But if it starts to run out the top, bears may not be done yet...

 


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

 

 


#6019 K Wave

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Posted 03 May 2024 - 07:19 AM

PA may almost be there on the the turn attempt....see if it can now get foothold back above 940

 


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

 

 


#6020 K Wave

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Posted 03 May 2024 - 07:25 AM

Silver needs one trip above 5 min to likely start to seal in a turn...

 

Until that happens.... bears could still conceivably do more damage

 


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