Silver has confirmed the perfect symmetrical channel again today. This upper trend line is significant! Any candle close above this line, will trigger a bigger move and rush into long positions. We also have to be mindful of today's touch and rejection....so what's next? Being a precious metal bull has my hopes of a punch through and resume the longer term...
Thanks for reading my idea. An ascending wedge has formed in the Dow which is bullish, however the rally looks to be tiring with lower volume and breadth. This is concerning in that prices have gone sideways to slightly up for three weeks and with a backdrop of negative news building...my bullish theme has diminished. Seems the market is waiting for a catalyst...
Thanks for taking the time to read my idea, please thumbs up. The Dow pulled back today but clearly found support on the trend line. Bearish bets will again prove hopeless against a sea of bullish mania. Wave 3 up is about to take off...bet against this at your peril. If the bulls are deluded for 10 years, what does that make the bears look like? It's extremely...
Thanks for reading my idea, your support is appreciated..please thumbs up! Markets refuse to correct meaningfully and the long side is smarter. If trading for 10 years with no bias makes profit...what does that make the bears look and feel like today?...they are either simply NOT trading or sustained catastrophic losses betting against a bull market that is not...
Thanks for reading my idea, your support is appreciated! Gold and silver have been sold off with "vaccine" news again this week. So we now are saved and the worst is over for the economy and populace....no need to own God's money! Back in 2009 there was no virus as precious metals soared the next few years because of central bank printing...it's obvious the...
Thanks for reading my idea, your support is appreciated! The Dow has formed what I call a U bend pattern. Typically these are bullish developments...the candles previously have been weaker selling than anticipated and we closed our short yesterday. We expect a surge move upwards this week on higher volume and breadth. New highs are very likely. Good Trading
Thanks for reading my idea, your support is appreciated! The Dow has breached the lower trendline and this is our short signal or close longs. Reversals like this can be swift...longs will fuel the sell side. Always surprises waiting. Good Trading
Thanks for reading my idea, your support is appreciated! The Dow is squeezing upwards into an ascending triangle...breakout is coming. This is usually bullish in continuation but we have to be careful and any close through the lower trend line will cancel any longs. Back in late 2019 we were told 2020 would be "The year of all things"...it has happened. The...
Thanks for reading my idea, your support is appreciated! The Dow likely finished its small wave 2 down and we closed our small short at profit again. Breaking the trendline today and testing back confirms the next move up. This rally coud be 6000 points!...a blowoff acceleration. Some are very bullish for 2021 because you just have to be in the market with such...
Thanks for reading my idea, your support is appreciated! The Dow has soared 4000 points from its low!....and the economy is broken. We are in Wave C up and likely completed minor wave 1 with minor wave 2 down in progress. Today was the first proper break of our trendline...what surprise for Friday 13th? My longs are closed and taking a small short on this so...
Thanks for reading my idea, your support is appreciated! Silver was hammered today on vaccine "news"..just impeccable timing on the election result rally of course. These raids present even better price opportunity before the coming rally. You can bet the farm they do not want you in precious metals and will throw a spanner into the mix just when things look...
Thanks for reading my idea, your support is appreciated! The election out of the way and the markets rally today on certainty. There is a high probability of continuation in a wave C up move for perhaps some weeks....could even culminate in a blow off move. Patience is key for a stretched and overbought time period to develop into a short. 2021 will present the...
Thanks for reading my idea, your support is appreciated. Gold is headed for new highs - period. Now the election nonsense is almost over the printing presses can start cranking again. How many trillions to be injected into the banking system? Whatever...it is great for our precious metals and another strong wave up is starting. This move will carry prices...
Thanks for reading my idea, your support is appreciated. Silver soars around 6% today and adds weight to a breakout proper coming. A breakout above the trendline will confirm...or a fall back will only delay. Orchestrated government and media fear spread is worse than the flu or a cold and this will promote another stimulus guaranteed. A long northern winter of...
Thanks for reading my idea, your support is appreciated. The Dow rallied moderately as the big money found support. When these frequent tails occur after heavy selling, it is a strong indication of a coming rally. There will be volatility for a while but a clear signal of intent has been sown. As much as the bears see every rational reason and myself included to...
Thanks for taking the time to read my idea, your support is appreciated. The Dow plunges as corona cases rise...raising fears of lockdowns. The bullish idea was derailed. No stimulus until after the election magnifies the despair! So often pre election is fraught with worry or uncertainty and relief to follow. A market so oversold and stretched to the downside...
Thanks for reading my idea, your support is appreciated! The Dow looks to be finishing minor wave 2 down and a powerful wave 3 up is coming. This rally will be a reaction of relief...no matter who is selected. They are NOT going to let this fail yet...it's a controlled farce which presents profits. Who knows the top or exact plans for 2021...it's obvious they...
Thanks for reading my idea, your support is appreciated. Silvers correction looks over and feeding continues at these bargain prices. Wave 3 up is coming which will be explosive...we can speculate why this will occur? Very probable a good outcome for the election "selection" result plus a stock market rally which few see coming! It does not matter what side...