Thursday, January 27, 2011

Silver: Weekly CCI/Daily MA(200) Pullback Target



In early 2004, early 2008 and late 2009, silver prices peaked between 30% to 51% above the 200 Daily MA. During each period the silver price and weekly CCI dropped to 30. Silver then transiently went up in 2 of 3 instances (early 2008 and late 2009). During the 3 periods silver prices ultimately fell to the 200 day moving average (apex of red triangles).
Lincoln White Metal LWV003 BLUEBIRD RECORD CAR

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