Are the CLEAREST wave counts in the SILVER stocks?
#1
Posted 13 November 2017 - 06:40 PM
#2
Posted 13 November 2017 - 08:09 PM
it has been one tough as heck market . the earnings in the silver stocks have not been good but stocks like fnv and nem have come thru.
i am with you i think a major low could occur this week . the metals themselves have held up a lot better than the miners. just watching slv
here fwiw
#3
Posted 13 November 2017 - 08:14 PM
and aem has been good i just dont see aem going in the tank here fwiw
#4
Posted 13 November 2017 - 08:30 PM
and aem has been good i just dont see aem going in the tank here fwiw
I don't either but if we don't rally soon I think we could grind lower into end of ye and perhaps get another Dec/Jan bottom, seems too many are looking for that so lets see what happens
Senor
#5
Posted 13 November 2017 - 09:22 PM
I have the SLV wave ii of (3) of 3 low a month ago in early October and interpret the triangle of the last month bullishly. If the upmove doesn't start by next week then it's back to the drawing board.
#6
Posted 14 November 2017 - 11:29 AM
miners are weak and continue to get beat up. miners lead up and down. the market has to find footing and soon. otherwise there is more correction in the cards. the commercials have done little , but the bait the large specs have an outsized long position. http://news.goldseek.com/COT/1510605129.php i find it interesting that the commercials have their largest short position ever in energy
otherwise this gets pushed out till dec/january
watching paint dry
dharma
#7
Posted 14 November 2017 - 12:39 PM
#8
Posted 14 November 2017 - 01:03 PM
I like the action today still no clear buy signal but good so far fwiw
yep, so far so good and "if" we close well could be a key reversal level from a price area where I feel it had to reverse from "if" bullish, we see
Senor
#9
Posted 15 November 2017 - 11:58 AM
SIL low at 30.28 so far - 28 cents from the .618 at 30.00. The games they play - HL was blow out the first 2 days of this week to 3.63 (below the .618 near 3.91). its now trading near 4 and that could be one helluva interesting weekly candle, we see
Senor
#10
Posted 15 November 2017 - 12:51 PM