UVXY has nearly reached it's target identified in September analysis. UVXY is currently trading around the white trendline though could undershoot the line.
This is an interesting setup for UVXY with an initial target of $10 and a higher potential target of $30.
2-hour Chart
Before: September 14, 2016
Daily Chart
Tuesday, December 20, 2016
Thursday, December 1, 2016
Silver - Cycle Update - Final Leg Down!!
Silver is on the cusp of a prolonged downturn. This leg down is anticipated to be the final leg down in the Silver bear market that began in 2011.
The Silver bear market has been underway for 5 years, and the Cycle shows another 2 years down remaining.
3-day Chart
Before: June 25th, 2016
"Silver is approaching a critical high in the Cycle. "
3-day Chart
Silver Bear Market Cycle:
The Silver bear market has been underway for 5 years, and the Cycle shows another 2 years down remaining.
3-day Chart
Before: June 25th, 2016
"Silver is approaching a critical high in the Cycle. "
3-day Chart
Silver Bear Market Cycle:
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