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Weekend Watering Hole

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silicon_beaver
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Re: Weekend Watering Hole

Post by silicon_beaver »

golds and silver were in a down-trend direction.
But last week, silver went higher with GS comment. broke up its 20MA. Last Thursday silver ended with a black star but Friday it moved higher again, and ended with a star once more, at its 50 MA.
waiting for its correction, waiting for entry.
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silver short-term chart
silver short-term chart
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99er
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Re: Weekend Watering Hole

Post by 99er »

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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

Next week, fun price projection. don't bet the farm on it.
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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

SPY, short term has good support at 133.5 and 5 dma. Buy still, Sell below 133.5
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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

XLF running to major resistance.
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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

DBV is still strong, so, not over for Bulls for sure.
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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

UUP, stronger internal push to the up side compare to down side, still trap in a triangle. third time is a _________? very bullish looking intermediate term.
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BullBear52x
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Re: Weekend Watering Hole

Post by BullBear52x »

VIX suggest dip will be bought, well sure enough so far Friday action proved it. good luck all and everyone say thank you to Cobra.
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cougar
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Re: Weekend Watering Hole

Post by cougar »

After a small Pinocchio wave faking the beginning of a breakout, XLF was rejected in a resistance zone and dropped like a stone. This should be interpreted as a SELL signal.
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cougar
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Re: Weekend Watering Hole

Post by cougar »

GLD is clearly overbought but, in my opinion, a brief consolidation could release enough steam from the pressure pot, so that it would continue to climb higher
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cougar
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Re: Weekend Watering Hole

Post by cougar »

NDX shows signs of exhaustion and an early SELL signal seems imminent.
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silicon_beaver
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Re: Weekend Watering Hole

Post by silicon_beaver »

futures are in red. but are going high.
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