Silver is located at the lower support of the trend channel, I expect a strong upward movement to the $26 level.
The sp500 is entering a downttrand, high interest rates, house prices, bank problems and much more. I would sell most of the portfolio and prepare for a bear market. I would invest in dividend stocks and look at gold and silver. The top shares that pulled the sp500 are overbought at high values. The AI bull market is slowly going sideways. Beware, this is all a...
The RSI is at high values, I expect a bull trap because the market would be overbought and in the long term we cannot grow at these interest rates.
The chart shows the same triangle again, which signals a short position.
A big economic crisis is coming. What values will we end up with?
When the trend channel is broken, there will be a strong bullish signal.
The price has reached strong resistance at 1.18900 and should reach 1.17500 support.
The price reached a strong support zone on the yellow line. Now we will see a strong bullish signal.
The chart has created a double bottom and the price will start to fall.
The chart will create a double bottom and we will see a strong bearish trend.
The chart will create a double bottom and we will see a strong bullish trend.
The price has reached strong resistance and is now a strong bearish trend when broken through the yellow line.