11028 replies to this topic

[linrom1]

Gold needs more volume to the downside, otherwise this is just a reaction.

[dharma]

i realize its early , but so far today there are classic signs of a top in the broad market. 

dharma

[crossd]

Bears still technically in charge on Crude...that last pivot could be crucial going forward

 

Now we see if bulls can avoid acceleration down

 

K...McCellan looking for crude to bottom mid-June as gold moved forward 15 months predicts the moves in crude..so he says

 

donc

[linrom1]

i realize its early , but so far today there are classic signs of a top in the broad market. 

dharma

Nobody looking for a top.

[Smithy]

 

i realize its early , but so far today there are classic signs of a top in the broad market. 

dharma

Nobody looking for a top.

 

There's the "sell in May..." crowd, and a major Bradley top date May 26th.
 

[K Wave]

Crude getting interesting....failed breakdowns can lead to big turns...

 

See what happens dead ahead here

 

[K Wave]

So far.....just a pull back to support on Rusty

 

Bulls still have nothing below 2100....but if they pull the U Turn in this area, could be a different story

 

below 2040, bears might have a bit more to talk about

 

Edited by K Wave, 24 May 2024 - 08:39 AM.

[K Wave]

Silver still holding the crucial level...

 

IF...it turns here at 30, and takes out 32, that would likely be final launch signal

 

Solidly back under 30 could lead to massive breakout/fakeout

 

really important action dead ahead here....see how things ACT at this KEY area

 

[K Wave]

PA back at the cliff edge for possible further downside after the 4 hour failure

 

Bulls have to get it back above that daily 72 really soon to keep the upturn attempt intact

 

[K Wave]

no critical damage on GDX so far....but bulls likely now need to hold that pivot low