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High yield funds…The rally of the last few days has the funds back above their 50-Day EMA line and short-term support. A positive for this sector and often times reflects in a positive way for the stock market. Had reduced some exposure to this sector, now replacing the exposure since price has moved back above support.
Farok…Thanks for the kind words. Silver has been good to the blog investors for sure!!! Patterns help us to be correct about two-thirds of the time. When they are correct, gains can be rewarding for sure! You are correct Farok that if Silver can take out ole Uncle Fib, a rapid and sizeable upside should take place.
I am new to your website and I cannot believe how excellent your charts are. You were absolutely 100% accurate with your Silver predictions and where it is going.Now it looks that there is very little resistance between $36 and $48 which is nearing its 1980 high. Hi-ho Silver.