Many viewers informed me they harvested Gold (GLD) positions due to the quiz (see quiz chart) and many took positions to score on defense on the flag/OBV breakdown in SLV (See post here).  I have received a large number of emails asking to update these patterns…


For those that own ZSL due to the flag/OBV breakdown, this pattern still looks favorable, as SLV looks to be creating a series of lower highs at (1). Patterns in JJC/FCX continue to look weak and could impact SLV.  Would remain short SLV unless if finds a way to break above resistance.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past