I suppose it’s better than crashing prices, but seriously, I won’t be hooting and hollering until the 2021-22 highs in the miners are taken out and then backtested.
I’m expecting soon stronger correction in PM’s.
I have an indicator that was in the past 100% correct.
It never failed yet, and I don’t believe this time is different:
Every time I start to feel giddy and I start to brag, soon there is a correction.
😉
(plus there are some weekly negative divergences, like they were in the summer 2020)
You got that right, Buck – about feeling giddy just before the market dives and the color drains from your face.
I too have noticed the divergences. And there is still that nasty reversal candle (12 April 2024) lurking over the metals like a Grim Reaper. Well, that’s tomorrow’s concern. For today we can be happy.
So far so good. The miners are leading the metals higher, and that is very, very good.
Such a beautiful Spring day here. Lilacs are blooming, and in every direction fields and trees and mountains wear a soft, fresh green. Brown-eyed-Susan – a wildflower much like daisy, but yellow with a brown center – are carpeting the hillside. The sky is blue, blue, blue in every direction; the sun gentle, with a promise of summer. And to top it off, we Gold-o-philes are having a great day in the market. Who is happy? We is! (heh, heh) Yes we is.
I suppose it’s better than crashing prices, but seriously, I won’t be hooting and hollering until the 2021-22 highs in the miners are taken out and then backtested.
ditto
I’m expecting soon stronger correction in PM’s.
I have an indicator that was in the past 100% correct.
It never failed yet, and I don’t believe this time is different:
Every time I start to feel giddy and I start to brag, soon there is a correction.
😉
(plus there are some weekly negative divergences, like they were in the summer 2020)
> summer 2020
correction, should be: April 2022
…(plus there are some weekly negative divergences, like they were in April 2022)
You got that right, Buck – about feeling giddy just before the market dives and the color drains from your face.
I too have noticed the divergences. And there is still that nasty reversal candle (12 April 2024) lurking over the metals like a Grim Reaper. Well, that’s tomorrow’s concern. For today we can be happy.
So far so good. The miners are leading the metals higher, and that is very, very good.
Such a beautiful Spring day here. Lilacs are blooming, and in every direction fields and trees and mountains wear a soft, fresh green. Brown-eyed-Susan – a wildflower much like daisy, but yellow with a brown center – are carpeting the hillside. The sky is blue, blue, blue in every direction; the sun gentle, with a promise of summer. And to top it off, we Gold-o-philes are having a great day in the market. Who is happy? We is! (heh, heh) Yes we is.
Goldophiles are NEVER satisfied. Tough Crowd
sheesh
Too busy counting my gains