
maverick
42 posts





















Metals are in big bull markets that have much more to go.The steep sell-off sets them up for another even steeper leg up.I am raising my gold target to $6800 from $5500 & silver to $180 from $125.Also raising my miner targets to the following:GDX $180,GDXJ $250,SIL $220,SILJ $90.





















@MasterPandaWu If you so confident thn why your positions stopped out earlier today


Bulls Stood their Ground (1) bulls defended 3936 in the end, but not convincingly. (2) Until 3975 is bettered, this rally from 3808 is still a corrective move. (3) EWT fans may notice a potential expanding diagonal from 4195. If true, then next couple of days will be WILD.



Big Chop Ahead: (1) just got home, from Singapore--the market stretches its leg on both directions, bumping its head at major trendlines. (2) so far, the rebound from 3808 is a clear zigzag--I think it needs more back-&-forth to wear out the extreme indicators. (3) be nimble.



