Breakout!
Silver broke out of it's downtrend since May with a decisive rally today.
Long suffering silver bulls have endured 13 months of sideways/down price manipulation.
Often days like today are an excellent indication of an early signal to accumulate for the coming price rally.
We have been bearish on the Dow and yet again been proved wrong by the bulls.
Some talk of 5000 on the S&P....this could materialise into a final blow off top that also propels silver much, much higher.
We closed out our short on the Dow and change tactics by switching to silver.
Unloved and undervalued assets are ready to surprise again.
Appreciate a thumbs up...good trading!
Long suffering silver bulls have endured 13 months of sideways/down price manipulation.
Often days like today are an excellent indication of an early signal to accumulate for the coming price rally.
We have been bearish on the Dow and yet again been proved wrong by the bulls.
Some talk of 5000 on the S&P....this could materialise into a final blow off top that also propels silver much, much higher.
We closed out our short on the Dow and change tactics by switching to silver.
Unloved and undervalued assets are ready to surprise again.
Appreciate a thumbs up...good trading!
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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.
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.