The Morning After

October 20, 2025 By in Banking, GDXJ, Gold & Silver, Gold Miners, JDST, KRE, Positions, SLV, UBER, UBER-25-04, XLF, XLF-25-08 2 Comments

Sort Of

It’s not really the morning after but being the day after Friday’s action, we’ll call it even.

Two shorts closed and three opened.

Both the XLF, and UBER, shorts were closed; one with profit, one not. Then, three more opened (not advice, not a recommendation).

As stated in the comments on this previous post, it’s possible the banking index KRE, is not going to make it to Fibonacci Day 34, this Wednesday.

Time counts are always secondary to price action.

Next up, is the silver market.

It’s a no-brainer that something’s ready to break. The press and YouTubers, et al., would have you believe that were finally ‘putting it to the man’. The ‘paper manipulation’ is over, so it goes.

Mabe that’s right this time around.

However, I’ll stick with the market-makers that have been in control since the buttonwood tree. 🙂

More updates to come with charts and positions.

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279

2 responses

  1. My antennae is up too, but it wouldn’t surprise me if nothing happens. I continue to monitor HYG everyday for clues. We had some weakness in HYG in early October but it wasn’t anything worth making a fuss about.

    Liked by 1 person

    • Thanks again,

      Looking at HYG for early October, was a push below support, setting up for a spring condition which appears to be happening now.

      Just like UNG pushed through support and then launched. If I had gone long last Friday, I most likely would be exiting (at least a big chunk) right about now. That market will lull you to sleep on what looks like an easy move higher, then pummel you on a test.

      As far as XLF and KRE, the past two days have been inside action. Inside the range of last Thursday’s bar.

      From a momentum standpoint, both Weekly and Monthly MACD are printing lower. So, it appears that energy (so far) is dissipating.

      I agree the high yield ‘should’ crack first but it’s not happening.

      However, TLT continues to rally higher after multiple inversions.

      To top that all off, ZeroHedge has excerpts from Bert Dohmen’s latest newsletter. Don’t know if you saw that. Basically, the old timers say it’s like 1999 all over again just before the blow-up.

      Let’s see if this link works: https://www.zerohedge.com/news/2025-10-19/speculation-its-1999

      Thanks for your help,

      Paul

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