almost 4 years ago I blogged about the Silver Fractal that was present in the LONG TERM (going back to 1972) Silver futures (continuous contract) chart. here’s the link to the blog: https://bartscharts.com/2014/11/06/the-silver-fractal-you-want-to-study-this-chart/ so where are we now. Pay attention to the bottom formed in the 1990-2000 – it took a decade to consolidate. have … Continue reading “Silver redux”
always enjoyed this song … the Sun is kind of cool. if your going to study this chart below then also spend some time doing a quick search of “SILVER” on http://www.bartscharts.com ….14 level is a BIG DEAL based on patterns …here’s the link: http://bartscharts.com//?s=silver feeling pretty confident we have started a really really strong … Continue reading “Silver and the Sun King”
if you go to @seeitmarket and also “search” Silver on this site you’ll see we have been watching inflections at 8/0z and then 48 oz and, most recently, the low that came into 14/oz. conversation has been around a “big low” at 14 and potential new highs OR a corrective bounce. at this point in … Continue reading “Silver Roadmap Continued – getting tricky”
Fractals … see below for the definition. In the market, it happens all the time. The same PATTERN in FORM is playing itself out – from a fractal perspective – on a 5 minute chart and on a Monthly. It’s actually pretty amazing to see … trust me, you won’t see them w/ the mess … Continue reading “THE silver fractal … you want to study this chart”
CLIFF NOTES: a case is made, below, that inflection points in the ratio of GOLD/SILVER cause big movements in the spot gold and silver prices. Also, it appears that Gold lags. We are at a resistance level which “might” be one of those inflection points so expect the metals to get moving NOW or SOON. … Continue reading “Gold and Silver Update ….and some more of the metals”
CLIFF NOTES: the move up since early June went higher than expected and, for the first time since the low at 8 I have to reevaluate if a low is in place or we will go down to my long standing 14/0z. so, in order to do that and to watch in real time as … Continue reading “Silver Update July 2014”
Cliff Notes: sure looks like a 4th wave triangle working out …a,b,c,d,e and we are in a rally up for e and then down into 14. EXPECT 14 to be BIG TIME support. Also, this is showing the high as 3. I have mentioned before I am really not sure if it was a 3 … Continue reading “Silver and 14/oz”
for review, here’s the past Silver work … http://bartscharts.com//?s=silver CLIFF NOTES: complex correction unfolding in (4) – waiting for the 14 level to BUY on Silver. $$$$ question – was the high up in/around 50 a 3 or 5? Not sure..either way 14 is a pattern.
I would encourage anyone new to this blog to go thru the following past blogs to get an update on where we are ….the link is here: http://bartscharts.com/2013/11/20/silver-following-the-script-part-iii/ the big question “is the high in/around 50 a wave III or a wave V?” I REALLY like it being a wave III because the current correction … Continue reading “Silver following the script part IV”
