Take a look at the 3 moth daily chart, this is what a bottom looks like, multiple retests of the lows successfully bought and finally bid up, the MACD rapid decline tapers and begins to round out and is now in a bullish cross over mode. This chrat also shows us how almighty banksters attempt to print charts, letting silver rise when everyone (weakest volume of any period) is a sleep and then easily sell it off. So it looks like a double top in this latest recovery for silver, or a failed test of the 50dma. If this happened during the day say between 9am and 1pm I would disagree with my statement but this is just garbage and I just have to get used to it. "Playing in a mine field, occasionally shits gonna blow up". Monday is Memorial Day Holiday in the US for those of you who are not familial with it here is a good link. Contact someone you know who has served or who lost a loved one in this unnecessary human tragedy we call war. Have a peaceful weekend. LINK |
"Economic or market trend associated with some characteristic or phenomenon which is not cyclical or seasonal but exists over a relatively long period".
Friday, May 27, 2011
Victory!
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