‘silver’ Archive

King Dollar’s ripple effects and why trends could change here and now!

  CLICK ON CHART TO ENLARGE When is comes to cause and effect, the U.S. Dollar seems to be having a profound impact on commodities over the past three years. This 5-pack takes a look at the U.S. Dollar and a few key commodities. The upper left chart reflects that the US$ hit a low […]

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 […]