This is it folks, the end of the rally, today is the peak.
Here's why, just a couple of charts, the first one key, the second just to show how weak other markets are.
Complacency abounds, the bulls appear to believe clear blue skies lie ahead, when all I see are storms.
Good luck.
Any chance of a TNX:SILVER chart update?
ReplyDeleteAt least re-test all time high before there is a chance for correction
ReplyDeletePossibly ssg, although I would argue that a re-test of the high would itself be the correction, the trend is already down.
ReplyDeleteVery weak broad rally though.
http://www.tradersdaytrading.com/3-peaks-and-a-domed-house.html
ReplyDeletehttp://screencast.com/t/UPGQc3PACp0
Point 27?
Well, ssgtrader, that was the high re-tested (and failed).
ReplyDeleteA fun few weeks ahead.
yup I missed by a bit on the high. Was waiting to short at all time high 2120. Anyway long today once market opened and gapped down. Hope to ride it up to around where you said it should turn.
ReplyDeleteNext logical date that maybe another top is 3rd Dec ... when Feb makes the rate decision.
ReplyDeleteTop this Friday I reckon,then down hard into month-end.
ReplyDeleteThe fact that the big boys sustained it until this close to end of year, I guess anything big to happen will be in 2016 or very late Dec
ReplyDeleteLooks like unable to move pass 50days MA.
ReplyDeleteThe big boys have been selling into this rally.
ReplyDeleteWatch out below into month end.
C'mon guys. You are killing me, waiting for the next crazy ass post.
ReplyDeleteI'd love to see a chart-fest from GM at this point.
ReplyDeleteHope you're well out there Mr Jenkins.
Chemistry Equation for Silver?
ReplyDeletewhere to find platinum
Gold down Rs 78 in futures trade on weak global cues capitalstars
ReplyDeleteChina isn’t self-sufficient when it comes to its copper needs and is the largest importer of the red metal. Rising Chinese imports signals increasing demand for the metal. capitalstars
ReplyDelete