Looking for The Silver Lining

After peaking in August, precious metals are still seeking out their cycle lows. As the weekly cycles stretches this is causing the status of the daily cycles to not be clear. Silver certainly gives us a clear picture to watch.

A bearish break indicates a continuation of the intermediate cycle decline. But a bullish break signals a new intermediate cycle.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.