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


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#81 linrom1

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Posted 16 January 2023 - 02:29 PM

 

Screenshot-1108.jpg

 

 

 

EWI gold count. We should get a hell of a correction in WAVE III.

they are wrong more than right imo

 

I don't like their expanded flat corrections(wave B retraces all of wave A. It's a cheat to keep count bearish. They use it all time)  But Pretcher got their main DJIA count right with a top in Nov '21. That's bigger coup than anything else so far. I am waiting for gold to top out in either wave III or V----correction will come.



#82 dougie

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Posted 16 January 2023 - 03:12 PM

 

 

Screenshot-1108.jpg

 

 

 

EWI gold count. We should get a hell of a correction in WAVE III.

they are wrong more than right imo

 

I don't like their expanded flat corrections(wave B retraces all of wave A. It's a cheat to keep count bearish. They use it all time)  But Pretcher got their main DJIA count right with a top in Nov '21. That's bigger coup than anything else so far. I am waiting for gold to top out in either wave III or V----correction will come.

 

agreed



#83 K Wave

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Posted 17 January 2023 - 07:05 AM

that is probably the pivot on Silver after the double bounce...does not have to explode out of here, but at least needs to hold that and start grinding higher...

 

Failure to do so, could be trouble now.

 

See if bulls finally have what it takes here...

 


Edited by K Wave, 17 January 2023 - 07:05 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

 

 


#84 K Wave

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Posted 17 January 2023 - 07:26 AM

Possible crucial action dead ahead on PL after the pullback...

 

Bulls need to step on the gas here PDQ...if they can do so, then bullish painting starts to look a lot prettier...

 


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

 

 


#85 K Wave

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Posted 17 January 2023 - 07:28 AM

It always starts with the 1 min time frame...see if PL can punch out here....or not...

 


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

 

 


#86 K Wave

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Posted 17 January 2023 - 07:47 AM

It always starts with the 1 min time frame...see if PL can punch out here....or not...

 

No Dice so far...

 

unless PL gets back above 1065 real soon....do not like it when PL starts to falter early....

 

See if Silver can hang on to its pivot 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

 

 


#87 K Wave

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Posted 17 January 2023 - 07:53 AM

G/S with 15 and 60 min just below, but until that gets reclaimed, will not feel comfortable that bulls will actually pull it off here...

 

If they do reclaim it, and Silver pushes back above 24.20 one more time, then we may be talkin'

 

In any event, possible crucial action dead ahead here...

 


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

 

 


#88 K Wave

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Posted 17 January 2023 - 08:05 AM

G/S 1 min action may give clues real soon...

 

below 79.20 would be first indication that bulls might just pull it off.

 


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

 

 


#89 K Wave

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Posted 17 January 2023 - 08:06 AM

probably gonna need better action than we are seeing in PL right now though...


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

 

 


#90 K Wave

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Posted 17 January 2023 - 08:10 AM

If Silver bulls fail to roll G/S back over real soon, opens door to as high as 84-85 area

 


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