Rest of the GDX floating up to close the gap. Fan
patterns seem to be in play , with broadening above and
below. SBGL broadening to new highs - amazing ...
amazing. All these stocks are coming into 3 types of
resistance about 1 pct higher if they didn't get there
already. Bases underneath most look pretty tight.
Should be a good battle line , decided somewhere at 2 a.m. with no
volume. Note how the fib time series caught the top exactly
on 3-14 - next big switcheroo will be on 5/2
Some got farther than others, but this should be interesting to
see if we can get an inv. h/s going from the past few weeks
to give another jab at the resistance hit yesterday. We'll
see if next bounce rolls over, then ths weeks lows are
vulnerable. TAHO tried valiantly, 2nd topping tail at the 61
fan, horizontal resistance. GOLD little gap lower after
bumping up against highs. /gc now on top of the falling
channel that fell into the $1270 area, dips should be bot there,
could help stocks. ANV pressing the fan, explosive gains
coming. AAU out of the fan, very good situation. SA,
yawn, just putting in a dojoe , banksters still holding 10,000
lot of Aug $7 calls there. Much higher prices ahead.
GDX vacuum gap fill up into fan , underside of wedge; 5/2 fib time series event
Golds hitting bounce tgts , ANV filling gap at 3.99
Posted by cmunny on 23rd of Apr 2014 at 02:19 pm
Rest of the GDX floating up to close the gap. Fan patterns seem to be in play , with broadening above and below. SBGL broadening to new highs - amazing ... amazing. All these stocks are coming into 3 types of resistance about 1 pct higher if they didn't get there already. Bases underneath most look pretty tight. Should be a good battle line , decided somewhere at 2 a.m. with no volume. Note how the fib time series caught the top exactly on 3-14 - next big switcheroo will be on 5/2
Goldgram update Taho finally reverses at 61 fan ; /gc on top of channelan
Posted by cmunny on 24th of Apr 2014 at 11:49 am
Some got farther than others, but this should be interesting to see if we can get an inv. h/s going from the past few weeks to give another jab at the resistance hit yesterday. We'll see if next bounce rolls over, then ths weeks lows are vulnerable. TAHO tried valiantly, 2nd topping tail at the 61 fan, horizontal resistance. GOLD little gap lower after bumping up against highs. /gc now on top of the falling channel that fell into the $1270 area, dips should be bot there, could help stocks. ANV pressing the fan, explosive gains coming. AAU out of the fan, very good situation. SA, yawn, just putting in a dojoe , banksters still holding 10,000 lot of Aug $7 calls there. Much higher prices ahead.
Silver looks ultrabullish as well
Posted by cmunny on 24th of Apr 2014 at 12:40 pm
My leg is starting to tingle. How many more whipsaws can they pull ... most silver stocks ignoring these shenanigans