Expecting this move to break through the $27 barrier...and make it to perhaps $29-30 before a brief pb....then on up to $35+
This one should double over the next few months...payshaunce is required, but the set up looks very very good.
Voth gold and silvah are read for aleast one more leg down...could be a 5 wave move...but at least for now get short or at a min exit longs for now...and watch the action at the end of the next leg down....then decide .
Another leg down appears to be on the way for metals....here is silvah
Another silver miner that you might want to consider...looks ready to move up hard!
I posted earlier to day that I think the major pivot for silver is now in...likewise, I expect a major move for SILJ....we should be starting wave 3 of the submicro wave.
I believe the pivot low is in on silver...I am looking carefully at SILJ right now...this looks like a leading diagonal to me...series of 3 wave moves with overlaps of 1 and 4...if I am correct,the wave 2 at a higher degree is now in and we are starting wave 3...If I am correct...HOLD ON rocked are likely soon!
Similar to SPY, the QQQ is very close to a major pivot in my opinion. Those that are liquid might start nibbling here...but I will be buying all the way down to my tgt zone on this chart and then expect to hold for a few months while the "blow off top" happens. It will shock most and then of course...will dump on them as they become convinced that it will go on...
Want to make like 5x plus on your investment really soon...long SILJ. I expect silva (XAG) to more than double over the next 6 months....SILJ should 2-3x that move in XAG....
most are soooooo bearish on silvah...not me...I say we are getting very close to the bottom...as for me...I am loading up...each click down I buy a bit more. I am probably 85% loaded with silvah rn....waiting on the final dip to buy on sale and then ride the rocket up hard!!!!
sorry, but forgot to post this idea...we are very very close to a pivot on spy...when the tgt is hit below, long and stay long for the next few months as this will melt up HARD!!! then exit everything and go to cash as we will see a major major crash in mkts...even gold and silvah will be hit but not as bad as stocks...
my preferred count and targets...we are in an expanded flat pattern...wave C in progress with T1 at 4276 (roughly 11% from ATH) or perhaps T2 at 4080 which would be a 16% drop. We will see a dramatic pivot and reversal for final blow off top up around 5800. That will be the major top we are all waiting for imo.
Lots of folks have different counts on SPX/SPY...here is mine...and I think we get one more new ATH and then a major pb. Lets see if I am correct.!
To me it looks like we have one more leg down coming for silvah....look at the bullish flag and the longer term trend line...both in white....both come together around $19-$20 USD....that is where I see the bottom of this long long consolidation!
In my humble opinion silver miners are the buy of the century right here. They are incredibly cheap when compared to other assets and they have fallen out of favor with most investors. No analyst are really covering them at the moment...and with most other assets (e.g.- equities and real estate being at all time highs) precious metals are the one that I am...
Everyone has become uber bullish on the mkts...want to provide a contrarian...or otherwise a realistic alternate count on SPX that I see playing out. if we break the pivot pt indicated by the yellow arrow then a down move is confirmed...cannot guarantee the actual downside tgt will be hit, but the upside move would be over and atleast this huge run since early...
Silvah low is in bois and grls...if not on board better do so quickly! There will be no return to these levels...PERIOD!!!
I believe this will be a rocket ship move...all aboard!!!! wave III is starting