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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (3383)	2/14/2022 8:18:21 PM
From: sense	Respond to of 5610

Crazy Ivans... Have noted it a time or two recently... when an issue following the RRG around the circle... suddenly deviates and goes off in the opposite direction as the cycle it was following... Last time I saw that, I think it was an oil issue... at the point where oil decided to start ticking higher in time to a metronome... Odd... I remember what the chart looked like... but can't remember the particular symbol... Anyway... I recognized that behavior, then, as likely being "driven" by a market at a turning point... And, that certainly proved true in oil... since then... Seeing the same thing today... times varying from a couple of weeks... visible on the weekly charts... to five days ago... up to today... It's in the miners, of course... Some portion of it "might" be explained by the relative motion compared to the sudden and largish shift occurring in the S&P given its the center around which the stocks rotate... But, that wouldn't work to explain time divisions between the various issues... over a variable time period ? So... also consistent with other things I see occurring in charts now... it looks like we're at a major market inflection point in the gold and silver miners... But, I would say it makes sense to see that "disruption" occurring now... given the pairing of the stocks of miners at market lows... the larger markets nearer all time highs... with inflation at levels not seen in 50 years... Generational opportunity... perhaps... with banks potentially reversing the trade on suppression. But, also... short term chart issues... with sudden disruptions occurring in the short term correlations... which have been sliding right on the charts at an accelerating pace... That has me remaining cautious... Noted earlier today I thought today would be a "sideways" day... and it was that... sort of... But... tomorrow ? I think the correlations many expected to occur today... have been slipped to tomorrow... Will we see the breakout in gold and silver... confirmed in the mining stocks ? The HUGE growth in the volatility occurring within the charts of the individual issues... is occurring for a reason ? Face ripping rally... starting tomorrow ? Or... complete the pattern in the trade with a reversal and without a continuation in a cross over... and get another couple of days of growing volatility within the pattern ? Trade the volatility... ? If the rally doesn't come tomorrow... trade the short side back to the channel lows, reset at the bottom, and the next cycle might do it ? Holy crap... while posting this... Bloomberg droning the background... They're talking about GOLD on Bloomberg... at 24:30 in the Youtube link... I don't actually CARE what she's saying about it... I noted that in posting some time back... that they've not even mentioned gold as anything other than "conspiracy theory" stuff... in YEARS... And, when you see them start talking about it... without poking fun of Peter Schiff or other broken clocks... its time to pay attention... Same issue as I noted in seeing a Gold Council commercial for gold recently... Gold is being rehabilitated and pushed forward... probably "subtly" for those not paying attention... but, to me... it's glaring in the contrast with it being long ignored... and "a jolt" to see them talking about it now, as if that's perfectly normal... They still present it... in total isolation from any other consideration... as if there's no REASON why it might be thinking about moving higher just now ? LOL !!! That distracted me from the charts... here's the Crazy Ivans on a daily chart, first, then the same list on a 10 week chart: Most tellingly... is the $BPGDM being among them on the daily chart... saying its really not just "these few"... but "the entire market" of the miners... I zoomed in on the $BPGDM on a daily chart... shown last... in which you can see "gold miners" as a group... suddenly turned right six days ago...