Tuesday, July 16, 2019

#Silver Review $SLV

Silver Review
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 Matrix for subscribers.

Subscriber Comments

Silver is still a no play, but it's composite trend is slowly turning. Daily - Up, Weekly - Consolidation, and Monthly - Down. The primary trend is the most important. The reason I am watching and expect silver to bottom is the monthly BrST = 2.33. BrST tells us the primary downside alignment is statistically extended by time, so a consolidation (at least) or turn (at best) is coming. The cycle of time is clear and highly accurate, so if you think silver will go down forever, because your bearish, you're ignoring an opportunity to cover those short before everyone notices something is happening in silver.

SLV Composite Trend

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