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
GILD
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).
GILD
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).
ความคิดเห็น:
ความคิดเห็น:
Bounce off the Bollinger band before repelling against the opposite wall
ความคิดเห็น:
200ma is the same spot
ความคิดเห็น:
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...
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...
ความคิดเห็น:
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.
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.
ความคิดเห็น:
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...
ความคิดเห็น:
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
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
