Market Update on Silver (XAG) 6/8/2018
Bullish move on silver getting ready to time out. Watch for either a double-top or resistance at the 16.91 level early next week.
Drill down on 3m chart shows market internals very mixed which is not unusual for a Friday. Monday and Tuesday will be more interesting to observe
Hi dankh thanks for this post, would you say in this environment (talking on a weekly time frame) that SPX and silver move are positively correlated. I notice that both in this moment are countercorrelated to the fed hick expectations... by the way hope you are fine the chat on TW without you contribution in not anymore the same! Cheers
silver and iwm are correlated. see chart:
I still monitor the public chat, but only PMing those whose charts I swap with
Ok I see, little bit sorry your guidance was really helping me and I do really think most of the people really appreciated your support! I think if I send you one chart of mine is not a big added value for you last time I posted one I was nailed from some guys I didn't know that's why I wasn't posting ...