Here is a new topic.


Al Kamego

Wouldn't it be cool if the the low was in and it turns up tomorrow and never looks back ....

Well, the one thing that has me considering that is that everyone I follow is calling for more downside. And this is a monster area here. So, I have to consider it.

It sure acts like it wants to hit that 40 with another little leg down. The weakness here is profound. This area is very 'big', and if it can't even produce an obligatory bounce, to me, that has potential implications. I can't imagine it would just drop a bit and then go up. This is interesting. I may not get a lot of sleep tonight...

41.25. This is going to be something, one way or another.

Take a look at silver on a 1 or 3-min chart!

What a swoosh!
Good evening/morning, Jim.

Originally posted by jimkane

Take a look at silver on a 1 or 3-min chart!

41.00 draws the response. Let's see if it leads to a 20-30 point reaction or not... I'd think it would want to try to 'test' the breakdown area.

Hey, Marcin. Yeah, that silver swoosh is something else, and it looks to be weakening again.

Yeah Marcin. I am all over that! 50% ret adjusted forks. I was just about to post my chart and realized you had the same chart already up! Except you have way more confluence.
Great work.

Alright, I'll finish with a little visual. Make sure you look at all the posts and the timestamps. Look on a 1-min. This chart is just a guide for what I was saying. Look at it all. They do this all the time, but especially on a Friday when it sets up like this and is dead at the times of day this was.





Chart created on QCharts, courtesy eSignal