SLV {Weekly Close}. Silver ETF.

Posted by goldnice on 22nd of May 2020 at 11:40 pm

SLV {Weekly Close}. Silver ETF. The Silver bull market started in March 2020. The move in silver the last few weeks has been bullish and impulsive. It's GAME ON! 

GLD GOLD {Weekly} Close. It's

Posted by goldnice on 22nd of May 2020 at 11:38 pm

GLD GOLD {Weekly} Close. It's possible that the {5th Wave} of a larger {Wave 3} could be subdividing into it's own small fractal 5 wave pattern. We got another weekly close over $160. Stop@$145. Parabolic curve looks good.

DJIA Weekly Close. The 30

Posted by goldnice on 22nd of May 2020 at 11:35 pm

DJIA Weekly Close. The 30 million jobs created since 2009 have all been lost in the last 9 weeks. The Fed has gone "Full Tilt" with QE Infinity bazookas & $10 trillion dollar MMT money injections. The Fed can print Dow 30k but know that silver will be $50+ 

A nice pop today!

You and Matt as well!

Have a nice weekend everyone.  

Posted by tahoe on 22nd of May 2020 at 04:50 pm

You and Matt as well! Take care, be safe!  Sit down, buckle in, next week should be interesting.      C|:-)

SPX 15 Updated View

Posted by steve on 22nd of May 2020 at 04:22 pm

$SPX - Chart Link- got the expected bounce as mapped - NOW let's see how things unfold come Tuesday.  Keep an open mind and trade what's in front of you.  

Robert Miner's Saying:  "Trade don't Forecast" 

Have a nice weekend everyone.  

Posted by steve on 22nd of May 2020 at 04:14 pm

Have a nice weekend everyone.  

EOM crosscurrents should be very interesting! Sure seems as if they've got the shorts by the nads! Tom Lee and Marko K at JPM have been adamant we're headed to 3200-3400-3600 sooner than later. Makes me wonder if they know something about the state-of-quants that we don't????

VIX heading for a double

Posted by roger on 22nd of May 2020 at 04:09 pm

VIX heading for a double bottom - next week should be interesting

Fridays are always up days

SPX nice bull flag on daily.....burnt my hands trying to short..Maybe 3000 on tuesday before we see any sell off

Bingo on 2954

Lately we've seen late buying

Posted by steve on 22nd of May 2020 at 03:56 pm

Lately we've seen late buying on Friday afternoons - maybe ES 2954 can be tagged 

Really choppy in a slight uptrend.

No. It's in the top

SPX 3 with Fibs

Posted by profmel on 22nd of May 2020 at 03:34 pm

No. It's in the top overlay drop-down  menu at the bottom of list.

SPX 1hr Chart link > shallow

Posted by tahoe on 22nd of May 2020 at 03:29 pm

SPX 1hr Chart link > shallow INV H-S with Target to 3030? Thoughts?

am referring to Stockcharts, and

SPX 3 with Fibs

Posted by winter39 on 22nd of May 2020 at 03:29 pm

am referring to Stockcharts, and was looking below at the 3 minute $SPX chart

Do you have to subscribe

SPX 3 with Fibs

Posted by winter39 on 22nd of May 2020 at 03:25 pm

Do you have to subscribe to the highest level to get VWAP, and how is it used?  Thank you.  Be glad to hear from anyone.

Take note - the alarms

FB  GOOGL  AMZN    still short?

Posted by steve on 22nd of May 2020 at 03:08 pm

Take note - the alarms ARE not a trigger they are simply a point of reference and delayed data. 

Thanks Steve, I was more

FB  GOOGL  AMZN    still short?

Posted by hoek2 on 22nd of May 2020 at 03:05 pm

Thanks Steve, I was more referring to the alarms.   which i see were just updated!!!

Trade your plan if shorting those stocks - don't worry about what others are doing.  AMZN and NFLX did not gap down today and thus provided more objective entries.  On FB watch 60 minute for double top or divergent high - if that prompts selling or not into next week.   

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