100Marathons

[100Marathons @100Marathons_]

@garysavage1 True for efficient, retail-heavy markets with low external intervention. AI, central bank transactions due to both currency management and geopolitics, CME exchange and bank manipulation, and current war rhetoric all challenge the normal sentiment indicators imo.

[100Marathons @100Marathons_]

@garysavage1 Good call. You held firm during the recent ICL when many thought silver was going to retest $50. The challenge with leverage is the timing and decay; direction looks good from here.

[100Marathons @100Marathons_]

@NOMAD5895712711 @ralphkaz Permabulls still pumping like @DaveHcontrarian , calling for massive gains sometime in the future and lengthening timeframes to get there. They'll be right....someday.

[100Marathons @100Marathons_]

@theandymillette @DaveHcontrarian Recent history of his timing predictions suggest he doesn't have a clue, along with most other perma bulls, as to WHEN things will turn back up. Just go back to Feb posts. The key difference now is that the burned retail trader is gone from this trade for the foreseeable future.

[100Marathons @100Marathons_]

@BobLoukas Hard to see retail back in metals until they forget what happened. That usually takes a while. Central bank buying and so called smart money won't be enough to reach new highs anytime soon. Consolidation likely. Long term bulls will keep pumping as timeframe gets pushed out.

[100Marathons @100Marathons_]

@garysavage1 @burakamii Nope. It's a sell everything, raise cash moment. Bullish case for metals remains but pushed out a bit. Won't ultimately affect levels reached but timeline is lengthening. Not going to see return to silver highs mid-March as he previously predicted. Roll those options.

[100Marathons @100Marathons_]

@garysavage1 Still interested in what's changed but understand that may be for newsletter subscribers only.

[100Marathons @100Marathons_]

@garysavage1 Feb 7...

"This is why I think silver will recover that $120 high by mid March at the latest, and maybe even by the end of February."

[100Marathons @100Marathons_]

@garysavage1 Previous posts...silver back to highs this month, mid Mar at the latest. Does that still stand? If not, what's changed?

[100Marathons @100Marathons_]

@garysavage1 When we start heading back up, what's the number where the banks repeat this all over again? Naked short selling, fake/canceled sell orders, increasing margin requirements, etc. Silver hugely vulnerable in thin market; gold less so but perhaps sovereigns involved this time

[100Marathons @100Marathons_]

@igbeezub @garysavage1 Supposedly, an orderly decline...just under the trading halt trigger. More evidence of the manipulation.

[100Marathons @100Marathons_]

@graddhytrading Do miners look more like the catch-up trade here, or are they non-confirming the metals move? Miners still over bought on RSI, and on average volume for slow holiday week. So not underperforming but also not tracking with rise in underlying asset.

[100Marathons @100Marathons_]

@garysavage1 Last big move in silver (SLV) embedded in overbought RSI (3,5) for a month and a half. We're at a month now in current move. Both retail and funds are chasing to have positions EOY. Low holiday volume generally but not in silver. Move not over.

[100Marathons @100Marathons_]

@graddhytrading Did USD move today negate failed DC, and if so, does that support PM DCH is in? Not enough time for DCL at FOMC next week then, and maybe just another multi month consolidation into Feb?

[100Marathons @100Marathons_]

@graddhytrading Oversold RSI 3/5 in PMs. Insights into whether nice B-wave advance, or BT to ATHs? Your cycle count suggests timing band for C-wave. One way or another, looks like it will resolve quickly. Dec SI just about at ATH.

[100Marathons @100Marathons_]

@graddhytrading Great post.. clear, concise, forward-looking with charts to back up your view. Tradeable insights. But not all are like this post. So keep these kind of posts coming....very helpful perspective and rationale.

[100Marathons @100Marathons_]

@garysavage1 And what about that B wave bounce you were predicting?