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Silver/Gold Indicator attempting multi-year breakout
Silver/Gold Indicator attempting multi-year breakout
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Above looks at the Silver/Gold ratio over the past 18-years.
Three different times the ratio hit support alone line (1) and turned higher, sending a positive message to Silver and Gold.
The ratio hit 15-year support again a couple of months ago, which appears to have held.
Last month and this month the ratio is pushing higher and is now attempting a breakout at (2). A…
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Nvidia GDX station = 400 CPUs
https://youtu.be/6iKV1AQEScc
KHOAN LỖ SÂU ỔN ĐỊNH VỚI ĐỘ SÂU LỖ LÊN TỚI L/D=7
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Miners Reclaim 10 Day MA, Watching For DCL Signal
Pre-Summary The Miners reclaimed the 10 day MA after extending their daily cycle decline into day 47. The Miners broke below the day 41 low on Thursday to extend their daily cycle decline. Thursday was day 47, placing the Miners very deep in their timing band for a DCL. However, instead of delivering bearish follow through, the Miners formed a bullish reversal on Thursday, easing the…
Miners Signal Daily Cycle Breakdown Beneath Key Support
PRE-SUMMARY The Miners broke below key moving averages and the lower daily cycle band on Friday. The breakdown signals the daily cycle decline, though the rising 200 day MA may still offer potential support. The Miners had been consolidating above the 50 day moving average until Friday. The Miners closed below both the 50 day moving average and the 10 day moving average on Friday to signal the…
Consolidation to Expansion — Preparing for the Next Move
SUMMARY Multiple assets recently broke out of consolidation Breakouts led to meaningful but varied gains Each move transitioned into an intermediate cycle decline XLE is the most recent example Stocks remain in a 7-month consolidation There have been a number of assets that have emerged from consolidation patterns over the past 2 years. These periods of compression — whether measured in…
Cycle Turn In Progress — Miners Reclaim 10 Day Moving Average
SUMMARY Miners printed low on day 33 Swing low formed within timing band Closed above 10 day moving average Monday Day 33 confirmed as DCL Downtrend remains intact The Miners became stretched below the 10 day moving average into day 32 and began to consolidate, signaling downside exhaustion. Price then printed its lowest point on day 33, placing the cycle within its timing band for a daily…