Loading ...re options…..maybe…but I would say the action confirms a C wave down….C waves are very powerful waves…so we have speed and price all large….therefore poss C wave.
eyeballing silver…
very short term, looking at five minute candles, do i see a double bottom forming?
medium term, six month, one day candles, slow steady sweep from 40 to 80 on the bottoms.
Maddog
Sad day when the Mullahs took charge. Iran used to be (in the cities anyhow) a cosmopolitan place. Prosperous. Maybe will be again.
Let’s pray for a short war and minimum casualties and that a more reasonable gov is formed there.
Cheers
Maddog @ 10:02
Option machinations?
ipsofacto
It’s a tough one….when we ran the joint we took on stopping slavery….I see it as part of the job, when yr Top Dog.
Plus as I have said the gains could be massive.
Ipsofacto
Total OI for DEC 26 15 K and 20 K calls is @ 29 K evenly split
Maddog
I would never say that the Iranian regime is not reprehensible. Iran and the world will be better places with them gone, no doubt of that. I just ask if it’s our place, our responsibility to do it. There’s lots of unknowns in the equation.
I don’t think it’s a crazy idea to think that Trump may have been compromised somehow by the Israelis.
ipso facto
Re MTG
In Iran when a women is sentenced to death, the Guards have to rape her, the night before she is hung, to make sure she is not a virgin and can then never go to paradise……..they also rip the wombs out of prisoners before the bodies are given back to relations , so they cannot see the damage…..
These people are not human.
I’d say she is fighting the wrong fight…..and that the US is doing Gods work……
Impressive losses on the opening
Who thinks the PM Bull Market is over? If you raised your hand go sit in the corner with this stylish cone hat!
New Poll New Poll Vote Vote
Was the US attack on Iran the right thing to do?
Lets see if there is a rush to close the Upside gaps in OM shares……..some how I doubt it
Which says immediate opening gap closes are done by shorts.
Marjorie Taylor Green … Anti War
Holden Culotta
@Holden_Culotta
MTG just went absolutely nuclear on Trump’s war in Iran.
“We’re in another fucking war, and American troops are being killed.”
“We need to have a serious conversation about what the fuck is happening to this country.”
“72% of Americans can’t afford health insurance.”
“58% of Americans can’t afford car insurance.”
“67% of Americans live paycheck to paycheck.”
“31% of Americans can’t afford their back taxes.”
“50% of Americans are in credit card debt.”
“We are nearly $40 trillion in debt.”
“Most Americans are completely against this war.”
“Make America Great Again was supposed to be America first, not Israel first.”
“And our President is saying that the Iranian people are all of a sudden going to topple their regime.”
“Well, I don’t think the Iranian people are going to be toppling their regime when they’re getting blown apart by the US and Israel in an unprovoked attack.”
“I am furious.”
“We have seen enough of our American troops dead and murdered for foreign countries.”
“Now, we have four more dead … for Israel.”
“Trump already said … today that he doesn’t care about the polling.”
“He doesn’t care about what the American people think.”
“And he may put troops on the ground.”
“The man that I supported … denounced what happened in Iraq, said no more foreign wars, no more regime change.”
“JD Vance promised it.”
“Tulsi Gabbard promised it.”
Someone knows something?
Wealthion
@wealthion
Francis Hunt
@themarketsniper
says somebody with incredibly deep pockets is buying December gold calls at $15,000 and $20,000 strike prices, on an industrial scale.
That’s a 4x bet from here. In a single year.
The last time he saw outlier call volume like this? Silver in the $80–$85 range. Every one of those calls ended up deep in the money.
Maddog,
likewise Iran is unable to respond. They are only attacking oil infrastructure or non-military targets in a scorched earth fashion. Undefended facilities to cause maximum disruption, where the missiles/drones could come from anywhere.
Such is the will of Allah.
{edit} yes the moon was magnificent in Australia. Spent a couple of hours with family and a bottle of Shiraz watching it come and go.
There was a blood moon last night
folks in the west should still be able to see it.
I suspect it will be the most significant of any in our lifetimes. In the past, it coincided with significant events in Israel. The 6-day war in 1967 for example. The expulsion of the Jews from Spain in 1492. This is the 3rd blood moon in the sequence. What’s interesting is that today is Purim – a Jewish holiday that signifies the Jewish deliverance from Persia in the time of Esther and Haman around 600 B.C. This follows a rare six planet alignment that took place 5 days ago on Feb. 28th. What makes this even more interesting is that these signs have not coincided since the time of Esther, over 2600 years ago, if I remember correctly.
Gen. 1:14 “God said, ‘Let there be lights in the expanse of the heavens to separate the day from the night. And let them be for signs and for seasons, and for days and years.”
I don’t know what is coming, but surely something big is coming. You can sense it in the air; you can see it in the actions and amount of stress in people; the feeling is so thick you could cut it with a knife. I’ve felt that in my gut for a while now.
I also find it fascinating that in some of the most significant events in history, Israel/Jews are right in the center of the event in one way or another. Think that’s a coincidence? I don’t.
Stay aware. Don’t let yourself be surprised. Keep looking up.
Buygold
Was just listening to Tousi Tv……it seems they are blowing up everything to do with the state and all the infrastructure, last night they took out all the Parliament buildings in Tehran and the US is destroying Irans largest port……
It sounds like they will need to rebuild the entire place….
WHEEEE !!!
it’s beginning to feel like a carnival ride.
Buygold
This maybe engineered by Dems/Globalists …I have noticed they have smashed the SM O/N a number of times, ystdy was one…then the US comes in a buys it all back up…..
U can only sell the SM if u think this Iran war will fail, or yr desperate for Trump to fail….for if it works, u have peace in the ME a new country with 90 million, that needs bringing back up from the stone age, that has all the raw materials u need, it just needs infrastructure with 10 million expats many of whom are seriously wealthy , ready to come back and help out…..ie the business opportunities for the US are monstrous, particularly as the people just love the US for freeing them…..
A strong Dollar is to be expected, when the world sees just how useless and yellow the Europeans are….
This is the 24 hr S&P chart….notice how many spike lows it has and then closes way up .
Looks like the C wave has arrived….this is the next huge test for the Bull
How far do we fall and for how long….. or do we not fall far at all and trade sideways for a while albeit in a large range…that would be the most bullish.
The most bearish is we keep dropping…..either way the shorts will be happy…..for a while.
Feels like a Cat5
storm this morning.
Supposedly the largest private credit fund ( Blackstone) has been hit with record redemptions, and the Korean markets are in tatters.
And I guess the logical thing to do is to sell Gold and Silver, and buy the $US.
The world has gone mad!
and it’s a bloodbath
Then again, when have pm’s ever been a flight to safety? Never.
The SM is getting hammered for 2%, so pm shares get crushed for 6%. It all makes total sense with gold down less than 1%, but still above $5200 and silver down another $5, but still at $85. Beat the life out of the shares because the SM is down.
Oil up another 5+% above $75 (also bad for miners).
Bitcoin coming to its senses down $2200 or 3%.
Sell your assets folks, buy USD’s because they’re so safe.
This will blow Trump’s highly touted economy to bits if oil keeps going and the SM falling. Nice work.
Silver getting crushed
everything reversed in the last half hour. Must be taking out the war premium.
Shanghai buckled in the am fix dropping their silver price back $5 to $102 – no doubt they’ll buckle to the paper markets once again in the pm fix.
Nobody has any idea what the real price of silver should be.
This war is going to last for awhile IMHO. This is what Trump campaigned against for the last 10 years but just couldn’t resist Lindsay Graham and the neocons. I hope not, but hope stinks eternal.
edit: Yup, Shanghai dropped their am fix another $6 to $96. Well crap, maybe US paper price rules. Dollar, rates and oil soaring while everything else tanks – including Bitcoin.
