Tuesday, December 20, 2016

UVXY - Before/After - Next Targets!

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

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: