Monday, January 23, 2017 8:48:48 PM
The miners might be shifting gears now....
this move today and what started last week holding support, might be the shifting into second gear and a shifting into a larger swing wave pattern. looking now at February into the end of March for a topping zone, that's a 5 wave completion to end March in the larger swing pattern. Right now, this rally from the low in December ,had been developing a short term pattern, which is playing out now, but its beginning to develop the larger swing pattern,at the same time,that encompasses weeks now,beyond the current wave that is running along days, days to the next targets. Then a pullback to retest some of these middle zones, becomes the wave 2 pullback in the larger swing pattern.
BUT, as always, the rigged manipulated casino game could see the miners get hammered back down to everyone's dismay ,all over again.
But right now anyway, the miners are starting to look like theyre making a real rally, and that's just what the sheeple need to see to start piling into miners now, so that when the time comes ,The Cartel can Fleece the stupid sheeple all over again.
short time frame trades can still be ok. longer time frames, like these swing patterns I'm describing could be problematic in a rigged game like this.
Pick any miner chart to examine,and you'll see the resistance shoulder danger zone. Hecla is already there at the topping danger zone. Other miners like ASM are just starting to head that a way. lets look at GDXJ just to see what the benchmark looks like...
The GDXJ rally has already reached the resistance zone at 38, but it could stretch to 45 area, and all points in between.
compare this to PVG chart which made an even bigger rally, well into the resistance shoulder zone...
this move today and what started last week holding support, might be the shifting into second gear and a shifting into a larger swing wave pattern. looking now at February into the end of March for a topping zone, that's a 5 wave completion to end March in the larger swing pattern. Right now, this rally from the low in December ,had been developing a short term pattern, which is playing out now, but its beginning to develop the larger swing pattern,at the same time,that encompasses weeks now,beyond the current wave that is running along days, days to the next targets. Then a pullback to retest some of these middle zones, becomes the wave 2 pullback in the larger swing pattern.
BUT, as always, the rigged manipulated casino game could see the miners get hammered back down to everyone's dismay ,all over again.
But right now anyway, the miners are starting to look like theyre making a real rally, and that's just what the sheeple need to see to start piling into miners now, so that when the time comes ,The Cartel can Fleece the stupid sheeple all over again.
short time frame trades can still be ok. longer time frames, like these swing patterns I'm describing could be problematic in a rigged game like this.
Pick any miner chart to examine,and you'll see the resistance shoulder danger zone. Hecla is already there at the topping danger zone. Other miners like ASM are just starting to head that a way. lets look at GDXJ just to see what the benchmark looks like...
The GDXJ rally has already reached the resistance zone at 38, but it could stretch to 45 area, and all points in between.
compare this to PVG chart which made an even bigger rally, well into the resistance shoulder zone...
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