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RE: $SILVER climbing up the Schiffork.
Dollar is coming into possible support- Plus look at the old vix VXO, It has been making new all time lows for the last few months. I would not be surprised if we see some rising volatility.
VXO https://www.tradingview.com/x/sRYWadji/
DXY I believe we will at least see a bounce at the 91.90 level https://www.tradingview.com/x/9cxjShGM/
GOLD is the leader. It´s still in no mans land. https://www.tradingview.com/x/AY0opNYJ/
SPX it has been making weekly swing highs and lows every 38 weeks since the May 2015 high. At the SPX swing H & L, gold has had a negative correlation with the SPX. https://www.tradingview.com/x/UpPNdWDR/
SPX creating a very predictable, and therefore, easy trading pattern. Gap down or up, fill the gap, run the next day.
Great charts, TG.
Wouldn´t it be ironic if the VXO trades to a new low of 6.66
Might as well. It's an evil looking chart but it did close at 7.77