Major Bear Flag on Weekly. I would be cautious because there are severe warnings all across asset classes that another global dip is incoming.
Kommentera:
Week of May 4th closed exactly at the retest of the bottom of the flag. So, the idea is still valid, although my puts hurt :)
Kommentera:
"I might have been a bit early, but I will not be wrong"
Kommentera:
I think silver is about to burst any day now.
Kommentera:
Obviously I'm biased towards the great bearish move, I think the last line of defense here is where we are now. We are testing that major bear flag line. I expect the pattern to withstand if global markets experience a crash in near term. if this doesn't happen, bulls won on SLV.
