Long Term Weekly Perspective The longer term view of silver shows the market at significant technicals. Starting from the bottom left of the chart, a bright blue trend support can be seen holding the market for a number of years (2003-2009): the current market is now back at this trend s/r, and bouncing from it […]
WEEKLY: The market may be in a large channel that started in 2015 (blue). I say “may” because if the market were to drop further from here, the bottom support of the channel would no longer be parallel to the top. However, IF it does hold as a channel then we could be looking at […]
Weekly Recent sell off is coming up to significant technicals – watching for reactions. IF supports fail the larger pattern(s) suggest we could see silver drop back as low as $13.60 before support is found again. Support and a lift out of the downward sloping expanding wedge is needed to consider a trend reversal. […]
Long Term Weekly: Pulling back and looking at Silver from a long term perspective we can see the market has dropped back to a significant trend line – the base for the large expanding wedge that has formed since 2004. Significant blue s/r zones have been highlighted (yellow) and these form a channel that has […]
WEEKLY VIEW: Lift continues – 3 wave consolidation can be seen, watching to see of we can determine if it is a 3 wave correction, or the start of a 5 wave lift. Amount of pullback from recent lift will give us a clue. W%R is lifted indicating positive pressure and more lift potential at […]
WEEKLY: Silver has reached the upper boundary of a long term channel (blue dashed). Last month we noted the potential for a lift to the $15.00 area – the market has surpassed this rising within a channel (solid blue). A break of either of these are what we are watching for the next move. […]
as published in TRIGGER$ Feb Issue – Feb 1st 2016 Weekly: Silver remains within a downward channel (green) and has held at previous lows. Potential for a bounce to retest significant technicals. W%R is lifting indicating positive pressure may be coming back – need to see lift past previous turns at low levels on indicator for […]
2015 Q1 Techncal Update This is the blueprint for a video that will hopefully be completed in the next week or so. The analysis is given here first for subscribers. Contents: S&P Gold Silver Oil DOWNLOAD PDF REPORT
