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:
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:
Subscribe to:
Post Comments (Atom)
looks like xiv could hit 40
ReplyDeleteIt could. There may be room for one last pop to $48 for XIV. Considering a possible entry soon.
DeleteI do think UVXY looks best to focus for next few months, but I really don't see much happening until the new year. UVXY around $7 would interest me for a large move.
ReplyDeletetommorow set up could be down big like 40 points we will see
ReplyDeletepossible 2150 just like dec 31
Just as the SPX crash that you predicted for so long never ever happened, sub $10 silver will never ever happen.
ReplyDeleteIt is ridiculous to think that that it ever could.
if its so ridic ulous what are you doing here lol
Deletesilver will drop to 10 eventually not this year
DeleteLouis so you are basically saying that only people that agree with SC's point of view should view the website or post here and everyone should just accept that SC has been 100% correct in the past?
DeleteBTW every single Ag producer around the globe would be unprofitable at $10 Ag which is why it just won't happen.
There is only ONE guy that is worth listening to in RE to the PM market and that is James Flanagan the BEST Gann practitioner around.
This guy has nailed it EVERY single time. PM's began a new bull market last year.....bury your head if you like.
people said the samew about oil producers are going to be unprofitable well its gonna happen down to at least
Delete12 bucks good luck trading
heres my cell if any one wants it 917 816 2794 and they want to
ReplyDeletetalk about market shoot ideas accross
sold uvxy at 11.42
ReplyDeleteUVXY getting hammered ... good you sold Louis ...
ReplyDeleteI think we should do what SC mentioned what for it to goto $7 or less
might not get that low we will see maybe 7.90 to 8,38
ReplyDeletewe will see good tradin
It's a little early for a Christmas rally. May see a small dip then rally to Christmas!
ReplyDeleteBlow off top type move.
ReplyDeleteSC,what spx target are you looking for? Are you seeing this as the end of the bull run or just a correction before another rally to new highs?
ReplyDeleteI'll post an SPX chart with targets. Not the end of the bull, but a correction is due. 3 or 4 month correction of about 10% early next year.
DeleteIt can go higher, and should see chop before it drops, but it's high enough that it's an expensive market.
As I stated earlier James Flanagan is the best Gann practitioner around when it comes to Au and Ag. He has just called the bottom in the metals and a new up leg to commence in the ongoing bull market that commenced last year
ReplyDeleteI recommend reading Martin Armstrong's blog. He has been consistently right for decades. As the USD goes up, precious metals will continue to fall.
Deleteare u talking about gann global
DeleteWhat does Flanagan say? 1158 for gold was a bottom? What does he say about miner's stocks?
Deleteanybody trading uvxy here vix is low
ReplyDeleteno just waiting as per SC
ReplyDeletebelow between $ 5 - $ 7
but wow UVXY has come down alot
vix very low here i dont think we go any where near 5
Deleteim thinking more like 7.90 to 8.20
https://www.youtube.com/watch?v=hhZ9lG36KZk
DeleteDEC will likely be a zigzag up, 2220-50, same pattern/cycle as in AUG 2016. One more ATH before markets correct with a larger ABC down (wave IV), starting from the cycle date mid JAN.
ReplyDeleteAs explained here: http://tripstrading.com/2016/11/25/sp500-one-step-back-two-forward/
congrats 2250 on button
DeleteS&P 2251
ReplyDeletecongrats 2250 on button
Deleteanybody buying uvxy here it looks cheap the vix very low
ReplyDeleteYep, I'm in UVXY here, but I'm a poor judge.
Deletemarket spiking uvxy holdin
Deleteim gonna wait
Deleteantbody bought uvxy here
ReplyDeleteI took a small position based on action today. short term
ReplyDeletei dont understand why only a few bought uvxy
ReplyDeletewhen the vix was real low congrasts to those who did
Everyone is waiting on SC to give the WORD.
DeleteI'm wondering if this was a market top and we're going to go down hard into the 21st who knows input please
ReplyDeleteLooks like we are going to retest the lows on UVXY.
DeleteSC, still see UVXY $7? super strong last two days even with the markets green
ReplyDeletei have been trading in and out of uvxy however i would like to buy close to 8.25
ReplyDeleteTake a look a seasonality and mean returns, especially santa ramp. What you are describing is the ideal case, a dip and then squeeze into the new year. Take a look at the mean returns since 1896
ReplyDeletehttps://voodoomarkets.wordpress.com/2016/11/07/100-years-of-dow-jones-returns/
scared money dont make money
ReplyDeletejust curious sc your thoughts on uvxy ?
ReplyDeleteDetailed analysis will be posted this week. I think it is a little early for UVXY, but am pleased with the way it is setting up. Maybe UVXY pops a little but I think it can come lower. So I see no risk of missing a big move yet.
ReplyDeletethanks been trading in and out
Deletein uvxy 8.49
ReplyDeleteonly trading it i believe we pop over 2300 in spx
ReplyDeleteNew charts posted!
ReplyDelete