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Re: JD400 post# 2177

Thursday, 08/29/2013 5:15:15 AM

Thursday, August 29, 2013 5:15:15 AM

Post# of 9289
Loading a rabbit in the hat.

Tonight silver pushed below 23.7 (so far?).
That touches into the (upside entry/exit) subband atop the 23 of the A dial setting, but has settled into the mid/upper ground between the subbands.

Today silver pushed above 25. To 25.12 if I recall/saw the highest
That opened the ground for momentum indications to start of A exit bound for the B dial setting.

This week started with repeat tests of centering in A, with much more testing of the upper subrange than motion toward the lower (largely during Asian trade down, US upward - the reverse of last week's open).

Where is this showing silver is going? What is said? Historically instabilities have lead to wider swings and/or persistent tests of, bounces on (and in highly volatile uncertainties, between) particular entry/exit bands.

The world is at a cusp. But so far raw price behavior looks as a dial set to A so now home in and center for a bit.

I would enjoy seeing low 23 of A fiddled with for some time if including reminders of how porous uppward A exit resistance is by spikes to and ideally now and then just beyond A (upward )so it is clear it is toying with downward bounces resisting lower exit from A. Historic behavior when somewhat centered oscillating in a range, one would see an occasional spike, as if some quant said "Let's see how expensive to move so far to/through the range edge". Those showing, and they can be very brief, minute scale, while bouncing off as low as 23.4 would be familiar ( , and welcome. Loading near A base then by B entry peaking to toy with consolidation after the dial is changed to B the unleveraged yield is 20 +/- % all depending, often fast. The past couple years provided more frequent oscillations similarly signaled between B and C than A and B)

But where for now imo is dominated by the current cusp of the world (which will be used to disguise the indicating "cost to move" tests that will indicate near-term intentions) but other than the cusp showing up the recent weeks' pattern is not unfamiliar.

JMO - pesky rabbit. And yes, the world is always new, this is past.

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