Chaos Clinic Recap
Here are Al's comments
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Silver Starts To Shine
Chaos Clinic for 9/6/2019
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My July 26, 2019 Chaos Clinic pointed out that silver looked like it was set to begin a major cyclic move up.
Since then silver has jumped nearly 20%. This is shown on this daily chart of the SLV EFT.
Prices have moved so far so fast that traders who did not buy immediately need to wait for a pullback.
Those who did buy immediately are in a good position, and can affored to wait for a pullback to add to
their positions. Assuming that the high this week is a move 3, a pullback similar to move 2 could
see prices pull back into December, near 16.5 .
Shown on the chart is a rainbow of EXMAs, set to 9, 18, 36, 72, and 144 days.This rainbow shows
a strong divergence fan, suggesting a long, strong up move. . My initial analysis used a multiyear chart
that suggests silver could advance for several years. Patience, and a stragegy of buying the dips is recommended.
For more on my work, see Moneytide.com
Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic
9/6/2019 11:34:34 AM MT Nella****:: Al left too soon; nice "dip and go" on Tide time
9/6/2019 11:10:05 AM MT ska:: Level of cholestrol has not caused any heart attacks. It is the level of triglyceride and level of iron in the body We should be concerned about
9/6/2019 11:07:47 AM MT Al****:: nothing there ; pretty dead today. I think I'll call it a day.
Thanks for coming. See you next week, Take some coursex
9/6/2019 11:04:53 AM MT Al****:: stopped out
9/6/2019 10:53:24 AM MT Al****:: stop to 82
9/6/2019 10:50:30 AM MT Al****:: sold 2979.74 stop 2983 in second tradeime
9/6/2019 10:40:53 AM MT Al****:: thanks, BBB. The piece that got my attention was http://tinyurl.com/y5m3x4nx
9/6/2019 10:32:54 AM MT BBB****:: Yes that’s a problem. More so in corporate world and there are certainly states that have gone in too much with debt. Munis though with the right credit are going to be fine. Corporates are the ones that will take the beating.
9/6/2019 10:09:29 AM MT Al****:: BBB: I've been reading a lot about corporate and muni bonds being vulnerable due to a large amount of leverage; Any thoughts?
9/6/2019 9:54:19 AM MT BBB****:: Hey Dr Al I am here. What can I help with?
9/6/2019 9:48:53 AM MT kwc:: Makes sense.
9/6/2019 9:34:12 AM MT Al****:: kwc: the Tide turns are filtered to select the best ones in order to reduce the number of trades each day; the ones filtered out are the ones with the least likelyhood to be a good trade
9/6/2019 9:14:18 AM MT kwc:: Hello Al et al. Curious as to why the 11:11 is not recommended. Thanks
9/6/2019 9:12:33 AM MT gon:: Art. published: https://www.fxstreet.com/analysis/silver-starts-to-shine-201909061511
9/6/2019 9:12:22 AM MT gon:: Btw, nice to have you back Al!
9/6/2019 9:08:42 AM MT jvj****:: Good Morning Everyone
9/6/2019 9:06:28 AM MT gon:: OK thanks!
9/6/2019 8:58:35 AM MT Al****:: BBB, are you on? if so I have a question for you
9/6/2019 8:55:08 AM MT Al****:: no, next ZD36 peak is about 9/17 near the FOMC meeting
9/6/2019 8:34:42 AM MT gon:: Hi Al, you nailed it a few months back when saying the ZD36 is showing a choppy summer sag down into August. What is it showing now, a rally into end October?
9/6/2019 7:59:40 AM MT SRT:: Thanks a lot
9/6/2019 7:43:19 AM MT Al****:: SRT-I don't have a good handle on the Euro; every rally that I think is strength craps out; The Brits are in disarray; I don't see them getting their act together. It looks like a confusing mess, so I'm staying out until I see something clear.
9/6/2019 7:31:22 AM MT SRT:: Hi Al Thanks for Silver update, can you please post on your Euro rally current update you see?
9/6/2019 5:43:24 AM MT Al****:: GM all; good luck today; Chaos Clinic is posted on the AUX page.
9:00 Eastern-System: No comments
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