rjchilia123

rjchilia123

With the biggest market drop ever in a week, we had a ton of margin calls which caused a major selloff in Gold, Silver and Gold miner to cover the calls. I don't recommend using any margin to trade. Based on the fundamentals rate cuts, qe, more debt is Silver/ Gold bullish and these will come back and make new highs. I believe this is another gift another...

rjchilia123 Updated 

Sell signals on weekly charts, price action currently bearish. With that being said 3087 area is extremely strong support so I would expect a stronger more sustainable rally off that level, oversold on daily charts. When we do get a sustainable rally we could see another objective short opportunity 2 scenarios are that we come back up and form a topping pattern or...

rjchilia123

We should get a bullish bounce tomorrow. It is possible we could be in for a very large selloff; however, we need to see a sell signal on the monthly charts. It also possible we are nearing the bull breakout zone with strong support levels that we find a bottom here and make record highs we need more evidence for each. For now expect a rally tomorrow.

rjchilia123

those who follow know that bitcoin is longterm bearish; however, as I pointed out we had another bear market when technical indicators turned bullish. Yet again the google search perfectly called bitcoin top as explained by me. Search trends now bearish again on bitcoin which as you know is driven by hype.

rjchilia123

I bought $900 of uslv today bought the dip higher highs coming we might see some sideways trading but this is another buying opportune fed continue to inflate.

rjchilia123

Take a look at the bond market this is a signal. 30 treasury record low interest rate, dollar falls, and Gold rises. This environment could be very bearish based on bond market. We have a huge bubble in bonds in regards to interest rates. We will see qe to the moon in repo and bond, interest rates will go negative. As of right now I am only looking for a small...

rjchilia123

Everyone knows the stock market is at record highs because the US economy is the best ever. HAHA! Coronavirus is stock market bullish. How could it be stock market bullish when considering the following: Apple is lowering earnings guidance, china's economy is hurting, and hurting US economy? Well the Coronavirus is causing China to pump 150 yuan into the market...

rjchilia123

Expecting a breakout and move up coming soon. Miners are down on the year so far, yet Gold is up, miners underperformed earnings in 2019 this, just like silver will catch up to reality.

rjchilia123

Silver is way undervalued to Gold and everything this will be changing over the next several years, buy silver. It just broke out of this 1 month downward to sideways trading range / bull flag. Again look at Gold/Silver ratio.

rjchilia123

Back down near bottom of trading range buy bitcoin this will be moving up more soon. Small chance we could breakdown which would be bearish but this is unlikely maybe set a stop at around 9200 if you are worried.

rjchilia123

The market has been going up without stoping over the last year largely due to cheap money, interest rate cuts, qe, and when FED buys up bonds it pushes cash into stocks. This market will be at record highs soon. Don't worry about Coronavirus that is not having nearly the impact as the media claims. Possibly at worst we have sell signal on daily charts, but again...

rjchilia123

I know I keep saying it. Silver is the buy of the year tons of upside over the next several years way undervalued, most undervalued asset currently.

rjchilia123

Sorry I haven't posted in a while been busy. Silver is still forming a longterm bull flag. More downside in short term we just broke down from minor up trend line. We are in an area with a lot of support we have been trading here almost a year. Fed will continue balance sheet expansion, rate cuts will be coming later in 2020.

rjchilia123

Likely to drop tomorrow breakdown on weekly/daily charts, this rally today is an objective shorting opportunity. Don't pay attention to the coronavirus noise this market is overbought and overvalued by every single measure. Not to mention that we no longer have the fake trade deal hype. Crude Oil is also getting hit so goes Crude Oil, so goes the market.

rjchilia123

trends.google.com Take a look at the long term bitcoin google search trends this largely determines bitcoin prices, since bitcoin is based on hype.

rjchilia123

Definitely too late to buy if you didn't when I said to around 8000 I would start to look to take profits soon strong resistance coming.

rjchilia123 Updated 

Silver technically broke down from the initial up trend line but seems to be bouncing up off a less significant trendline the last several days. Breaking the trendline is bearish in the short run. With that being said Silver is a major long term buy for many fundamental reasons qe, negative rates, inflation, gold/silver ratio and silver in the long run will catch...

rjchilia123

Silver got hit hard today (most undervalued asset right now) this will be a long term buying opportunity