SILVER 0.30% $15.25 silver futures

It has pretty much gone sideways since the short term cycle top...

  1. 2,213 Posts.
    It has pretty much gone sideways since the short term cycle top week before last.
    The downside is still the risk heading into August.

    I have a pretty compelling turn date for 24/5th August.

    I hope that both Au and Ag do sell-off here as that would raise dramatically the chances of the 24/5th being a cycle low and set-up both for a nega run into late Nov-Dec.

    Notice too the lack of performance of the PM shares. That supports the case for a sell-off. When the run is really on the shares will be going ahead in leaps and bounds.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.