williamdas

Silver per Ounce

williamdas Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
In case you haven't noticed, Silver hasn't really felt fluctuation like the rest in 2 years
This type of momentum feels like compression, as we approach the end of super-complex waves market wide, This could be the end, or the beginning of much larger WXYXZ intervals

the 3200 MA is 16x the 200 MA,
peek at how the s&p reacts to its daily 3200
If the 20 MA is being drawn down with powerful red bars around the 3200, then it may spend time below it.
Comment:
Green is 200, Orange underlying line is 3200
Comment:
It could also become more complex with time...
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