UPDATE April 27
Wow another GREAT day!
What did I say 1000% (and you thought I was joking)
Showing the silver because that's where this dragon is heading next. Raise your hand if you think silver will be well past 25 🙆♂️🙌
Showing the silver because that's where this dragon is heading next. Raise your hand if you think silver will be well past 25 🙆♂️🙌
Oil - My second favorite! $Crude Oil Futures(JAN5) (CLmain.US)$ $VanEck Oil Services ETF (OIH.US)$ $Occidental Petroleum (OXY.US)$ $Halliburton (HAL.US)$ $Schlumberger (SLB.US)$
Charts are going to come quick, I dont get much time anymore.
Daily. Look at that triangle👀 Look at it hold that trendline It should move within the triangle until a breakout.
Charts are going to come quick, I dont get much time anymore.
Daily. Look at that triangle👀 Look at it hold that trendline It should move within the triangle until a breakout.
2 hr, bearish divergence on MACD
1 hr, bearish divergence on MACD
30 min, bearish showing on the indicators
Gold- my favorite (maybe Silver) $SPDR Gold ETF (GLD.US)$ $VanEck Gold Miners Equity ETF (GDX.US)$
I sense a down before major up.
I sense a down before major up.
2 hr, Bearish divergences on MACD
1 hr, more bearish divergences
Silver! $Micro Silver Futures(DEC4) (SILmain.US)$ $Sprott Physical Silver Trust (PSLV.US)$ $iShares Silver Trust (SLV.US)$
Watch that trendline!
Watch that trendline!
Mini rally? before more downside? before, that's right BREAKOUT!!! Thin Lizzy style.
Phil Lynott!!!
VIX !!!!! 60!!!! I'm coming for you!!! Believe!!!
Nothing goes straight up or down for very long, but this will go up quickly!!! after it cools down first.
Going to probably run up all night just to sell down at open.
As always Good Luck
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TinkerB3ll : https://www.bbc.com/news/business-61237519.amp
This is juicy!!!something brewing
Kopi is Life : Hi @iamiam, possible to estimate how much more downside is expected before a rebound for GDX and OIH?
iamiam OP TinkerB3ll : I dont need news, it's all bad (good for my positions). It is all in the charts, the long trend doesnt lie.
iamiam OP Kopi is Life : OIH already rebounded.
GDX will follow gold.
iamiam OP Kopi is Life : some miners are reversing up, maybe temporary. I still expect another little leg down to get to those trendlines, before a real reversal.(real meaning strong and the start of another leg up)
Mr Trecherous : Oil I was in $ION Geophysical (IO.US)$ before the bankruptcy drop. Ouch
Mr Trecherous iamiam OP : Good Morning Bro Got Up Early Today
Kopi is Life iamiam OP : Thanks. For OIH, Will there be another leg down after the rebound ?
iamiam OP Mr Trecherous : those are fly by night squeeze plays. my oil is SLB OXY WLL and HAL. Stay with the giants, they will crush all the little guys. Double from here. if WLL went to 200 I wouldn't be shocked.
Mr Trecherous iamiam OP : Appreciate the Insight
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