Replies to post #3859 on 123Tom's TA study group

[123tom]

Can the MM's cap the support levels as well as the peaks? couldn't they hold the base at 5.50 area if they intended to ? isn't that what theyre doing now at 5.60 ?

[123tom]

AVXL stays locked in place today,this week, last week....

nothing happening today, I guess.

miners and metals..... silver continues to get hammered down. gold not so much. miners,pulling back down, but a bounce is due at this level. anytime soon.....

C,I'm not feeling good about this cycle in miners....they are falling back down, but is the wave pattern becoming bullish, for another good rally, or is it becoming a set up for the next Cartel smash down, when it bounces back to the resistance shoulder zone, where the key moving averages are waiting overhead. ?? I think there will be a big smash down again. and thru the summer into fall and end the year down like the last several years. we will see soon enough if it gets whacked at resistance. would we see a rally hold higher lows and climb the higher steps.... ? I don't know, but I'm playing it very cautious in the next bounce. I expect to see miners and metals capped and suppressed this season. They cany afford to lose control of it right now. That's wht they capped gold just shy of 1300...a nice trick. 1298. how strategically crafted is that.