The time has arrived...

I'm abandoning all trades because this isn't even speculation...

This is about as sure as you can be when trading markets...

Nothings ever guaranteed.

But...

This is an ancient global commodity.

With the second longest ChART history next to Gold.

VERY TRUSTWORTHY ChART!

The price action from 2010-11 has been building up to essentially mimic it to a T... (bar pattern on RIGHT HAND ChART displayed in fuchsia.) Move for move almost exactly the same.

This current price level has history dating back to the 70's. But the recent PA on the SLV ChART has a lotta action. Resistance levels dating back to 2010-11-20-21-22 & 24... (YELLOW ARRROWS)

The level has acted as support a few times as well dating back to the 80's, but most recently acting as support in 2011-12-24... (BLUE ARROWS)

What has changed is timing. And that makes a lot of sense. Because in 2010 commissions were high and you couldn't buy stocks on cash app, robin hood and every brokerage letting you trade COMMISION FREE for spread and some minimal exit fees. The 2010 consolidation took 384 days to get to where we are today. We are currently at 325 and breakout looks eminent. Two months ahead of schedule.

The expansion from those levels to the top took 273 days. Assuming same "expedited" timing occurs. That should put us somewhere around August 2025... 150% before a consolidation back to breakout levels. which we will have to cross that bridge when we get there.

The waters are fine...

Time to Surf this Silver wave...










Wyłączenie odpowiedzialności