Willie Walker (@WillieWalk) header
Willie Walker (@WillieWalk) profile picture

Observer of the markets. I see what I see..Every day is a battle, bring it on... Former COMEX trader.

New Jersey
Joined July 2009
$CDE $SLV. Possible declining wedge forming in CDE. Looking for upside break of 16.65 to jump on board.
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Rule, when you start to cheer, time to sell. When your sphincter hurts, buy more. Bye bye $BTC
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SLV tailwinds, yields and oil lower and solar, FSLR, demand too
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US dollar index, may have formed 2x top. It is at the top of l-t channel and about to break upsloping trendline. May be just what gold and silver need. Hiho silver. See CDE post below.
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The market has been rotating out of tech and into, health care then Financials and so on. Yesterday it was KO and PEP. That was the tell for todays down move.
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5 yr tsy yield at top of intermediate channel. $gc and $si hold up well. Fed will not raise, as oil is tightening for them.
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$USD top of channel..$SLV retesting trendline breakout.
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Reverse flag, break off ES @ 7230. Would peak my interest.
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SPY close to forming top of broadening pattern @ 720.
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Oil ripping, equities got bought. Hum. Smart $ knows weak employment #. =fed cut back in play. My play wud be sell USD/JPY.
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Trump put holding mkts up, imo he got stopped out on Monday after hour tweet. i would fade his tweets going forward. Bottom line, I am seller of spy, not buyer. Gold oversold...BTC-cya later
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Went shopping.Prices are all higher significantly.Iunderstand how rising oil effects everything. Butt,the products were produced months ago. The only input cost that should be builtin to today's price is gas prices to transport .$President Trump should have powwow w these co.'s.
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$SPY, SSD, simple stupid duh. Market action is more inductive of a top not consolidation. Butt, I give it credit for climbing the wall of worry.. Path of least resistance?...looks like lots of open space under the mkt. Risk/reward.
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Normally you want to buy the dip after war starts. Pretty sure the markets had this priced in, expect for crude. Bond market is smart market, it seems to be concerned about something yet to be seen. Food for thought-multinational companies dont like stong USD
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$BTC stopped dead in its tracks below 93,500, line in the sand. Careful out there...
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Replying to @btc
@BTC at key juncture for the coin. 84000 needs to hold.down to 73000. If 73k breaks then btc is the canary in the coal mine.
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Not thinking downside is over yet. Broke trendline, hit stops..then rallied it back so they cold get short. They=the boys w the better seats. Price action is more conducive to topping not consolidating action. Be careful out there..
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$SLV retested the trend line, might be time to go long w tl break @ of 41.75 stop. See previous post.
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$PANW up on down tech day. Didn't get to close gap at 193, risk 178/177. Good risk/reward imo
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