Thursday, July 13, 2017

07/03/17 #Silver Chart $SLV #Free

Silver Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Silver's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in the COT Matrix for subscribers.

Subscriber Comments

Chart 1


Price and Volume Matrix

LTCO and LTREVO (chart 1) define a profitable aligned down impulse since May. Compression, a sharp decline in +BW, often precedes trends transitions from down to up. SLV down impulses have averaged 34 weeks since 2006 (chart 2).

Chart 2


The silver trade and trends are monitored weekly in Trading Notes.

Price and Leverage Matrix

LTCO and LTLO define focused bear opportunity since May. Bearish alignment is consistent with price and volume.

Silver's DI of Q3 favor the onset of a longer term, bearish oscillation/cycle (chart 3).

Chart 3


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.