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Friday June 8th

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  • Friday June 8th

    A little pullback here would be allright. NYMO hit +40 before retreating.
    Don't follow or make any trades based on any chart, guess, study, joke or prediction I make.
    Seriously. Don't follow me. Just don't. I only guess at things.
    Also.. I'm not the real Mr Miyagi; he's been dead since 2005.

  • #2
    Stocks:

    https://likesmoneycycletrading.wordpress.com/

    Comment


    • #3
      Restaurant stocks:

      http://allstarcharts.com/restaurant-...ivering-gains/

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      • #4
        Futia:

        http://carlfutia.blogspot.com/

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        • #5
          Well, it looks like, barring a complete reversal in SLV today (which is certainly possible), we could get a close above the Ichimoku cloud. For me that would strongly suggest that we won't be going lower than the lower border of the cloud through at least late July. I think that is supportive of the notion that gold has put in an ICL low already. The real test for silver, if it does manage to break higher in the near term, will be the 100 WMA.

          Click image for larger version

Name:	Screenshot-2018-6-8 SLV - iShares Silver Trust.png
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ID:	384707

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          • #6
            Originally posted by Spanky View Post
            Well, it looks like, barring a complete reversal in SLV today (which is certainly possible), we could get a close above the Ichimoku cloud. For me that would strongly suggest that we won't be going lower than the lower border of the cloud through at least late July. I think that is supportive of the notion that gold has put in an ICL low already. The real test for silver, if it does manage to break higher in the near term, will be the 100 WMA.

            Click image for larger version

Name:	Screenshot-2018-6-8 SLV - iShares Silver Trust.png
Views:	1
Size:	57.7 KB
ID:	384707
            I think limit-up on Monday

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