Chris Kimble: Is the best-looking pattern Silver has created in 30 years at hand now?
Before we look at the where we are today, lets step back two years. I shared with readers a “Power of the Pattern” chart a year ago this past month. It illustrated that Silver was breaking down from a pennant pattern at the top of a falling channel, which was bearish at the time, and investors could take advantage of this pattern by shorting silver (see post here).
Is the best looking pattern Silver has created in 30-years at hand right now? Is that like saying “beauty is in the eye of the beholder?” I think it is!
Silver has had a rough couple of years, losing over 50% of its value after creating what looks like a double top, 30-years apart.(...)Click here to continue reading the original ETFDailyNews.com article: A Silver Opportunity?You are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (www.etfdailynews.com)
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