In case you haven't noticed, Silver hasn't really felt fluctuation like the rest in 2 years
This type of momentum feels like compression, as we approach the end of super-complex waves market wide, This could be the end, or the beginning of much larger WXYXZ intervals
the 3200 MA is 16x the 200 MA,
peek at how the s&p reacts to its daily 3200
If the 20 MA is being drawn down with powerful red bars around the 3200, then it may spend time below it.
This type of momentum feels like compression, as we approach the end of super-complex waves market wide, This could be the end, or the beginning of much larger WXYXZ intervals
the 3200 MA is 16x the 200 MA,
peek at how the s&p reacts to its daily 3200
If the 20 MA is being drawn down with powerful red bars around the 3200, then it may spend time below it.
Note
Green is 200, Orange underlying line is 3200Note
It could also become more complex with time...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.