OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold

Posted by Maddog @ 8:48 on March 21, 2024  

Re no o/n serious hit……SM is flying up….scum are happy….looks like we have a runaway inflationary melt up on…..PM stox are still the bargain of the century down here…..but judging by the total silence, the street is under orders to say nowt……

NEM hasn’t even broken above it’s 200 d av ….that has 40 plus all over it…based off an I H&S base on daily chart.

Richard640

Posted by Maddog @ 8:42 on March 21, 2024  

Re S&P

Chart wise the action is a classic inflationary melt up….and all sectors are showing some effect.

$SPX weekly RSI of near 80, the highest since before the Covid crash. The FED has gone political=the election looms.

Posted by Richard640 @ 8:36 on March 21, 2024  
$SPX weekly RSI of near 80, the highest since before the Covid crash. And this is where Powell decided to come out dovish, after a 5 month 25% non stop rally with financial conditions at their loosest in 2 years & inflation having picked up again. Oh kay.

So far, so good

Posted by Buygold @ 7:50 on March 21, 2024  

Thought for sure they’d reverse this last night coming into the day. We’ll see what happens at the Crimex, hopefully we’ll see even more short covering.

Ipso – Ha! Let’s just hope that this is the beginning of the shorts and their sorrows. I hear you about stores and society in general. Tough to know what comes next.

« Newer Posts
Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.