Amplify ETF Trust Amplify Junior Silver Miners ETF

Long

Updated

Silver Miners pop, down and then launch

I feel a flash crash coming on, similar to Covid - wouldn't surprise me if Birdflu was the catalyst (see my idea). The patterns line up exactly the same. You can't see it with this picture, but tons of my indicators are going off -which I will post below. Silver Miners will exit the ascending triangle this go around as the commodity supercycle takes off. Could silver miners go a little more up then down? Absolutely, but miners are sensitive to market rallys and poundings like other stocks (see the pandemic in March 2020 on the chart).

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Bounce off the Bollinger band before repelling against the opposite wall

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200ma is the same spot

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The weekly smart money shows this could easily come back down at a very alarming percent 100%

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So far it's adhering to the pattern. Silver also has a pattern so I expect miners to top out tomorrow or early next week in case this comes to fruition.

Be sure to hedge right here for silver, there's a decent chance we don't make it past $30 for this go around until July...

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So far so good. If this operates like a fractal, and miners sell off (possibly due to a flash crash - which will bounce and allow the FED to ease so Biden gets reelected), then this is what happened last time.
Down 15 in one month, retraced 10% over 2.5 months, major down thrust 75% that took one month - following a 400% increase within 5 months.

Simplified it was down 55% in 5 months and catapulted 400% for the next 5 months.

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It took 8 weeks for the flash crash to happen after the market topped, due to a pandemic. If that's calculated starting next week then we have until July 15th until something pops...

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It could be one or a combination of these three things:

1. Pandemic2 Birdflu or Monkeypox
2. Japan selling treasuries to save the Yen OR their JGB's (they can only pick one)
3. China devalues like 2015

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I think there's much more room to go down from here - I'm seeing dark pool selling in all the major miner indices ( , , , ) and dark pool buying in
and $JDST. Check out my newest threads for the pictures of the charts in the comments...

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Same setup - will history rhyme again???

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I hope you all hedged! Already down 5%+...

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Bearish MACD crossover has happened 3x since 2011 and has cratered everytime since!

x.com/InvestingAngles/status/1798203165361442927

Silver will follow lower

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Damn! I love it when a plan comes together! I mean you guys see this is repeating right? Wild stuff...

I expect around $10.42 before a bounce and then liquidation.

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Are miners smelling a sell-off? , AND are all down...

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Man history sure does rhyme...

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But I thought China was buying silver??? Don't believe all the narratives...

x.com/TFMetals/status/1801061791218168124

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Weird how reality runs on fractals, that history rhymes. Here's the silver miners playing out - which I think is correlated to market flushes.

Here's the movements:
After the top it took 6 weeks to reach a bottom - we're in week 4 (almost 20% loss).
One week up retracement (8% gain) - which'll coincide with the FOMC minutes (I bet they are hawkish to warrant FED doing an about face and cutting in July).
One week huge down candle (30% loss).
One (half) week up retracement (20% gain).
One week (and the previous half) another huge down candle (40% loss).
Last week goes up beginning the week and then down further (40% loss) and bottoms midweek before catapulting - which coincides with the July FOMC rate decision (30% gain).

I'm hoping IV is cheap enough to buy some puts and calls - not sure how much volatility will raise the price towards the bottom so it might be wise to buy some longer dated calls in and then scale in as time goes on and variances work themselves out.

I'm looking to buy in 2 weeks.

I anticipate the market to capsize after the FOMC minutes are released. Buy puts before that (Wednesday July 3rd before a holiday and the fireworks happen - in the market...), then if IV is low, buy calls on EVERYTHING CAUSE IT'S GONNA MOON!!

Newmont doubled within 2 months after rates were cut so I'm gonna buy calls on that miner which is the safest in the world. I anticipate price to be about $20 when this happens. There's a chance Newmont could go up 400% within 1 year.

If IV hasn't gone up too much, I'll rotate into the junior miner Endeavor Silver which also went up 400% in 6 months and 800% in 1 year back in 2020. I will be loading calls on this one as well, hopefully getting in at $1.

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Should bounce down to here, then jump up before the FOMC flush act. I will throw out an options play to capture both the ride up and down that will be huge. Stay tuned!

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Gonna turn into a heads and shoulders pattern...

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About to dump...

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x.com/SuburbanDrone/status/1809328116407406912
This Tesla signal lines up with this fractal idea. ONE MORE WEEK.

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Be sure to check out my crash idea that lines up with the same timing:

Nasdaq is gonna crash in the next two weeks! SAME PATTERN!

EmptyEternity

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