I will start with the potential reward. Going back to the high in 1998, and measuring up until the ATH, it took around 13 years for 560% profit. If that pattern continues again, the next high will be around $300/oz, or 500% profit from the ATH we currently have. (Note I am not predicting that this will happen, this is just the best case scenario that I can see) If...
We recently fell back to a long time low on Silver. Using pure technical analysis, I can see 3 major points where we could find a reversal, not including the current double bottom that may result in a reversal right now. Looking more a logical reasons why silver will go up, my recent research on mining prices are a big signal towards a bull market. Estimates on...
Looking back to the 2000, and 2008 crashes of SPX, our current pattern looks nearly identical to the signs of the bear market. My trading strategy here is to buy when we approach the lower support line, then short within the red box, or if we break the lower support entirely, I will short earlier. Short term, buy the dip, long term, short the crash. I don't know...