5 Charts – Look To The Banking Sector And Bonds For Key Reversals Of Trend
Chris Kimble, Founder of Kimble Charting Solutions joins me to share 5 charts that have his attention. The first chart is revisiting the “how would you trade this pattern” from 2 weeks ago while the second chart is another what would you do here. The last three chart focus on yields and banks. All are close to support levels where if a reversal happens could boost the US markets to all time highs.
Click here to visit Chris’s site and follow along with what is catching his eye.
OFF TOPIC……But about bloody time.
https://www.zerohedge.com/geopolitical/trump-fires-john-bolton-after-disagreeing-strongly-his-suggestions
Fired? I read he resigned.
Either way, gone is good.
Bolton was fired by Ivanka.
Lets hope she fires more warmongers.
long ZYNE
long John SILVER.
haha! Good one Irish T.
Make new friends, but keep the old
One is Silver, and the other’s Gold.
GOLDEN ERROR won’t dare show its face at either Beaver Creek or the Denver Forum. Tragic for shareholders, leaving $100- $300 million on the table (long range 8-10 years) for a measly $ 26 million US NOW.
Yes, very near-sighted decision that cost them their credibility and tanked their share price. I wouldn’t ttouch a deal the Grosso group is working on.
More bonanza grade Silver drill hits from Alexco. Very nice!
(AXU) (AXR) Alexco Intersects 8.1 Meters (true width) at Composite Grade of 1,414 Grams Per Tonne Silver at “Bermingham Deep” Target
10 Sep 2019
https://ceo.ca/@newswire/alexco-intersects-81-meters-true-width-at-composite
(USAS) (USA) Americas Gold and Silver Announces Strategic Joint Venture with Mr. Eric Sprott at the Galena Complex
September 9, 2019 #Silver #Zinc #Lead
(PGM) (LRTNF) Pure Gold Awards Engineering and Procurement Contracts, Builds Owners Team, and Commences Construction of its 100% Owned Madsen Gold Mine
September 09, 2019
Perfect 38.% retracement for GDX:SPY…
https://stockcharts.com/h-sc/ui?s=GDX%3ASPY&p=W&yr=4&mn=1&dy=0&id=p29534858368&a=686556371
IMPACT Silver intersects 2.14m of 418 g/t Silver and 1.58m of 1,393 g/t Silver Extending the San Ramon Mine to depth at Zacualpan, Mexico
http://www.impactsilver.com/s/NewsReleases.asp?ReportID=857246&_Type=News-Releases&_Title=IMPACT-Silver-intersects-2.14m-of-418-gt-Silver-and-1.58m-of-1393-gt-Silver…
Again,nice chart! Have a position, trying to decide if I should on this pull back………
Thanks. I have more than enough but still bought more yesterday at .39cdn. I couldn’t help myself!
The downside for silver from here (18.17) is probably no more than $1.00…
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=D&yr=1&mn=3&dy=0&id=p19395746938&a=687498907
Today looked like a bounce for gold…
https://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=1&mn=3&dy=0&id=p95008622641&a=687508565
It’s time for a one day $50-$100 move up in Au, $1-$2 move up in Ag.
long UCLE