Historical metrics trending to match hyper inflation. Possible shifts to a new central currency, not trade advice, just a quick swing correlation that peaked my interest.
More of an idea which progressed into a timeline of the market in respect to DJI. Historic indicators showing sell indicated by the trough and peak of the sine wave overlay. Historically interesting where we find the horizon or 0 point of the wave. Major transitions overlay this period as we can see the massive accumulation of debt begins to inflate the market....
Charted using trend analysis, utilizing MACD and RSI values on weighted volume. Pattern indication showing possible bullish Gartley Butterfly, watching OBV for volume in, resistance could flatten into a head and shoulder formation indicating more drawdown and some good buy opportunities in the 24.6 to 25.2 range. Remaining long. Just a quick idea not trading...
While remaining very bullish on silver seeing some short opportunities with buys in the 25.2 range, if supports fall expecting stops at 24.4 and 22.7. Not financial advice just an idea, ill be personally accumulating as much as possible where possible, long positions look bullish overall despite retrace in other sectors I feel silver is still unervalued despite...
Still a strong positive outlook on silver, may see further draw down into the 24 range if supports dont hold. Will update with some positions and better metrics, quick and dirty chart on the mobile app
Short term bullish hysteria on oversold debt. Seeing high volitility and possible sell accumulation in most sectors over the bext frw months. Media and politics will drive it to the edge of 31k. More detailed analysis later, just a quick idea.
Some latter day buy volume moving into silver, expecting some shorts to the 24.80 to 25.35 resistance ranges over the next few days, holding a long position expecting movement higher towards the end of the week.
Looking long, may see some draw down intra day with some pick up zones on supports, holding a long position
Starting to move into a nice cup and handle formation. Expecting a dip down to the lo 18$ range before breaking out for the new resistance zones, handle formation will test support before resistance break out. Hourly analysis on the 30 day.
Over all weakening support for the broader markets, aside from media frenzied pharma and the NASDAQ's push behind earnings likely to see some sell off today. Directional movement showing bearish indications, will watch supports and resistances closely today along with charted trend lines on the cube. Initial overlay on 30d/3Hr analysis. Starting to see more...
Bullish break up short term on resistance, meeting it after completing a low on the head and shoulders formation. Expecting some more shorts, will likely test supports. Buy zone 17.9-18.4. Primary supports close to 8.56
Broke through last set resistance, watching for shorts on balanced volume. Tracking volume volatility and trends on MACD strat and RSI Cross, 5 Day 2 Hr .
MACD turning along with volatility throughout the market space. VIX looking like its going to make a bullish run up through the weekend.
Another media pump, bearish over all trend, sell volume and volatility in play, might see some last pick ups but looks like the bottom is dropping out of the volume.
Just a quick one. Bearish Gartley formation in play. Expecting bearish turn with some warnings on the 21st 22nd of the month of weakness at the bottom of the supports. Charting some other flags, will update.
Sell pressure in play for some good pick ups around the $18 range, cup and handle formation with a Gartley pattern emerging in support of the long position. Butterfly riding a bullish cup and handle as well.
Seeing retrace on volume. Two separate directional flags indicating my next price channels. Chart created on the 30 Day, single Day scale. Volume trending up for the day, Bearish outlook on the week ahead.
Just a quick idea of where we could be moving to if we break the first major support or resistance.