‘silver’ Archive

Why this 23% rally in 20 days may not be over with!

  CLICK ON CHART TO ENLARGE I often get ask….”What does an ideal Power of the Pattern set up look like?” For us and ideal set up has these common features – Support/channel lines come into play, along with a Fibonacci support/resistance level and a bullish or bearish wedge pattern is near completion. When it […]

Hi Yo Silver – “Bullish reversal wick” could be forming at dual support!

  CLICK ON CHART TO ENLARGE Bullish wicks at support can be create nice buying opportunities. A month ago Premium Members took advantage of bullish wicks in stocks and took “Pocket Change Gains” here.  (see post here)  Silver is hitting dual line support, at the same time it is hitting the 23% Fibonacci support off […]

Silver – Leading indicator breaks out, sends positive signal this week!

  CLICK ON CHART TO ENLARGE So goes this leading ratio indicator (Silver Wheat/Silver) often times, so goes Silver!  Most are well aware that the metals complex has been very weak of late, with Silver leading the way to the downside. What has been even weaker than Silver over the past 60 days? Silver Wheaton, […]