flyinkiwi10

flyinkiwi10

Thanks for viewing, Been a while without posting about crypto. I'm just watching ETH for a re-entry point. I was actually thinking to re-enter today but will be watching for a while. The wave labelled (A) I believe is quite clear, meets all EW impulse wave rules and guidelines, I'm a little less sure about the three week correction since 5th of Sept. There may...

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Thanks for viewing, Short-term short view (not shorting), then long again. I can't see a very good reason for a gold correction other than; - Everything needs to correct - it's never a straight-line move, - It is possible that big banks (possibly even the Custodians for major gold ETFs) are being forced to sell-off reserve assets to cover losses or to put aside...

flyinkiwi10

Thanks for viewing and sorry all those Aviation types who are hurting. Just a short one, Demand is deeply impacted, and there are yet to be any signs of a pick-up as yet. Stocks don't often lose 69% in 60 days and then just turn around and head for new all-time highs. Especially, when two studies came out last week showing how the virus - that shall not be...

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Hello, Thanks for viewing. Really nice to see the encouragement and feedback from my last post about the gold/silver ratio. This is to share another of my recently entered, but shortly to grow significantly in size, positions. Boring old Commodities. If you look at a long-term chart, commodities have been on a largely downward slide for over 29 years. I just...

flyinkiwi10

Thanks for viewing. I'm trying not to think about closing a short trade entered earlier today before the DJI reaches the 1.618 extension (blue box). Which will at east help in my attempts to unwind a losing short trade from earlier in the year that is still open. Man, things are moving fast today. Also (unrelated), I wonder what will happen if regulators...

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Thanks for viewing, Initially posted in 2019. I was a buyer of silver bullion since silver crossed the 80 mark. That included adding significantly to the holdings during the steep drop earlier in the year. It hasn't always been a comfortable trade, but it has worked out rather well to date. What I expect next is, despite continuing tail-winds for bullion, the...

flyinkiwi10

Hello, thanks for viewing. I was going to post this last week, but thought no one probably cares. I put a lot of time into these, now I can't see how many people have viewed, and I get little feedback. Anyway, spent the day reading story headlines like "Asian shares bounce on strong US open". Totally out of sync with what is happening here in Indonesia. In a few...

flyinkiwi10

Terima kasih telah menonton. Grafik ADHI menunjukkan kelemahan yang signifikan. Hampir semua kenaikan harga selama 10 tahun sebelumnya telah terhapus. Jadi jual, tahan, atau beli? Sayangnya, fibonacci tidak membantu karena semua level retracement normal telah terlampaui. Hanya ada dua level yang harus diperhatikan; 360; ayunan rendah baru-baru ini dan 120,...

flyinkiwi10

Thanks for viewing, This is just an equity I am watching and wanted to share my views for anyone looking to jump in. I am watching the 0.22 level. If it is breached - as I sort of expect, it should go to the 0.2 - 0.18 level - possibly lower. I would have to do a much more in-depth assessment of the Company's financial liquidity, impact of "the virus" on sales...

flyinkiwi10

Thanks for viewing. This is a wee update on an older post. What has changed recently? - I amended my label for the upper range from "sell gold and buy silver" to "hold gold and buy silver" for a couple of reasons; 1. I hold gold mainly as a hedge against local currency and USD devaluation generally and also increasingly in light of increasingly obviously...

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This will be interesting to keep an eye on over the coming years. If the ending triangle is a wave C diagonal, then it would signal the end of the down-trend in yields over the past 23+ years. Zero fundamental analysis was conducted, but it would seem there is upward pressure on yields at a time that 10 year T bonds is in a corrective phase - down 12+% from 2012...

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Thanks for viewing. This is just from a technical view - earnings may surprise to the upside - and everyone may decide to value the market exactly the same a Jan - Feb 2020 - who knows. My view is bearish because of: Technical: - For those that value Elliot Wave; I cannot see wave (4) and (5) as already having formed - but instead see us nearing the end of wave...

flyinkiwi10

Thanks for viewing, Some view platinum and palladium not as investment petals for various reasons, others disagree. I prefer (in rank) 1. gold (bullish), 2, silver (neutral), platinum (bearish). Platinum makes the list because I can purchase it in small increments - while palladium was only available in a minimum of 1oz coins (which had high premiums - as coins...

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Thanks for viewing. - Exxon lost 57% in 77 days and has since bounced strongly - so are we in a new bull-market? I would give my answer as a resounding no. Why? - Mostly because crude oil is at 30 year lows which renders all upstream activities drastically unprofitable - how unprofitable? Some estimates of Exxon's break even price per barrel are over $70 a...

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Thanks for viewing, I'll give my technical and fundamental view briefly; Technical; - After the sharp drop from February highs AMEX has under-performed the market - dipping ~51%, - This compares to an over 80% drop in 2009, - The dip was followed by the formation of a rising wedge, which normally indicates continuation of the trend preceding the pattern (which...

flyinkiwi10

Hi, thanks for viewing. I think there is less demand for over-priced (subjective call) personal electronics at the moment. People are rightly thinking about more essential items, paying down debt, and increasing savings. Probably worth pointing out how strong the 200 week moving average is as support - somewhere around 185, which is lower than people think....

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I am waiting for SGD/USD to hold above 0.6876 before starting higher. Quite likely, the upwards correction will eventually reveal itself to be partial and a new corrective wave sequence will likely commence. Short term; short medium term; long long term; short

flyinkiwi10 Updated 

Hi, thanks for viewing. I just posted this because the chart is the definition of neutral on the 4 hourly chart; The price is side-ways, RSI is almost at the 50 mid-point, MACD (not shown because I don't have sub) is right on the zero line as well. So, I watch with interest to see what is next. I am a bit less stressed about the price of silver dropping of late...