Defining silver's fear and greed
IF explosion this month, target range is 32$-50$ (sliding scale concept, must redo each monthly candle close to re evaluate higher up targets).
Notes using known resistance for silver's distance from 1 year moving average:
1- farther from zero, best greed profit taking later in a bull market
2- closer to zero, best fear entries early in a bull market
Notes using known resistance for silver's distance from 1 year moving average:
1- farther from zero, best greed profit taking later in a bull market
2- closer to zero, best fear entries early in a bull market
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