The stock market is in what I believe is a historic,final parabolic leg of a 44 yr secular bull market.I am raising some of my targets as follows: SPX 10,000, Nasdaq Comp 36,000, DJIA 67,000, RUT 4000, QQQ 950, SMH 800, gold $7000 & silver $200. My other targets remain unchanged.
@jmanny6776@JrMiningGuy No. They were changed back in February. Current targets are GDX $180 & GDXJ $250. Silver miner targets: SIL $220 & SILJ $90.
Metals are in big bull markets that have much more to go.The steep sell-off sets them up for another even steeper leg up.I am raising my gold target to $6800 from $5500 & silver to $180 from $125.Also raising my miner targets to the following:GDX $180,GDXJ $250,SIL $220,SILJ $90.
1/11 GOLD BACKED CBDC MEGATHREAD - Yesterday, I posted a mega thread about the remonetization of gold and how the price is headed much higher. The punchline is gold bugs should be cautious because this remonetization is likely a Trojan Horse. Unlike the confiscation that occurred in 1933 under Executive Order 6102, this time, you'll be paid a great price for your gold - you just can't spend it! Stay tuned for my next megathread (silver) that might offer a way out.
@PalisadesRadio@KingKong9888
https://t.co/neGqgRdpKR
Is imitation is the highest form of flattery? #XRPUSDT
With added watermark of their own, plus same question of a final flush out?
MACD is a useless lagging crutch BTW.
It only re-illustrates what the price volatility compression, near relative lows, already shows in the price chart, and turns only after price turns due to the mathematical delay of averaging.
it is not a second reason for the trade, just a bad repurposing simplified version of the original more sensitive one, called Price.