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Silver Futures - Dec 24 (SIc5)

CME
Currency in USD
Disclaimer
29.80
-1.23(-3.95%)
Delayed Data

Silver Futures Discussions

Under Joe Biden our economy's taken a weird turn. Deflation, no growth in small caps and fast-food workers making more than some airline pilots.
As the comedy show continues.....Love all the tea leave , and palm readers advise, or knowledge of whats going on in this B s fake spoofing market..! Love to read them posts, each and everyones looking at their crystal balls , But No one can make any cash....With all the knowledge and crystal ball reading, you should All B worth Millions..! Im on my way there with physical, No guess work or dreaming here, so please keep the comedy show going, its a Real Gas..!
50$
inflation adjusted should be much higher probably looking at $175 minimum
Nice job loser manipulators.
The bull flag we had is dead. We are well under the resistance zone. The bias on the smaller time frames is down. Daily on the verge of down. It ain’t what you are looking for. But the 50 is holding and still unresolved.
Thanks
What makes you say the bull flag is dead? We bounced off the bottom trend line.
3 to 4% a day, means this will be $25 in no time. There’s just no buyers and demand is non existent. All support levels are broken.
do you know what a wedge is????
Nickel Jaguar you're on the wrong forum
Well put.
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People getting out of metals and fleeing to rich tech because of Biden.
are we going to get another 9 PM EST dump? they move this mostly afterhours.
who knows but I suspect the Asian session will be eager for the current sale post today's PPI
and we did just bounce on significant trendline + MA so would have to be quite a dump
I've had long positions when there was a flash crash on Asian session, 30% down move if I remember correctly:p
gold silver crude day and weekly level work 704621 and 6802 cnt 99% accuracy level
took out of my miners plays i put in two days ago. made a little but dont trust this support holding with disinflation showing its head everywhere . this is also not showing much strength today at all and dollar very strong.
bottom is in guys;)
How do you know?
Knowing gold and silver logic, they are gonna flush this down in the coming days . Makes sense with market going parabolic on just a few tech stocks. Plunge here most likely means a looming plunge in equity.
It is also quite concerning that the SP500 is now 1/3 weighted to the technology sector. the next largest weighted category is the financial sector at just 12%. It is great that technology companies have performed so well, but that has been necessary for the SP500 to continue to rally. Can the Mag7 really continue with 20% yoy growth for the next decade? Seems unlikely.
You're on your phone. Does that answer your own question?
The SP500 is now 20% weighted to 3 stocks. I remember headlines about how absurdly top heavy the SP500 was when the top 10 stocks were 20%, this was only a few years ago. Practically the entire stock market rally over the last 10 years is driven by 1% of stocks performing very well and the remaining 99% remaining flat or declining in value. Just as everything else is looking in the current economy.
The Matthew effect of accumulated advantage
If all this does is hold today, that’s good. Take what you can get. There will be no rally today. It’s impossible. Red line gets tested tomorrow. That also is impossible to test today.
The 50 simple will be a few cents higher tomorrow. It moves.
can BUY now ?!?
I think so
copper never made a new low since the last days it's a good sign
At $22.
28.90 has held so far , but its not the end of this downcycle yet ,, the contract expires in 2 weeks so im sure they will try to muscle it down a little more ,, 27.45 is a very big support zone
shorted from yesterday 30.200 and closed today at 28.800. I told you Adolf that today would be red.
haha. i said at monday this week will be hard. next one green. august 40+
many people say buy buy...it that buy is for channel top in 5H then i agree...i am personally technically expecting dip till 87k and 85600...or even more depending upon strength of bears...
Do you think 24 is possible? (of course possible, just yours think)
28.2 is clear...as of now...IMO...later next wave depends...
thank you,
50 day MMA has been tested and we still in a bull pattern. Going higher
when and how much?
That's asking way too much, LOL.
Very critical moment here. Below 28.6 is a straight shot back to 25. But 30.30 was reconfirmed resistance. Things are looking somewhat bleak for the rally, but as long as we hold here we could be ok
Tesla voting will effect tonight...gap up for gold expecting tomorrow
I'm glad there are 2 anonymous experts here. We need more so we feel more secure.
no u are not...u are the farthest thing from 'glad'
Sham sham.
long long
Here is the 15 min chart. The red line is the dew or dye line. It will get tested tomorrow as the previous day low. Not today. Today, the blue line is the last support and long entry but the upside is very limited the rest of the day. It is a long shot, but possible tomorrow.+++https://invst.ly/156zma
The shaded area on that chart is a pullback indicating a down move even if small
Thanks John, so today's LOD is in then?
Yes
after seeing huge success of silver bulls, in new bond movie...JB changed his name to 'Just Buy'
...
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