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<p>[QUOTE="desertgem, post: 2144011, member: 15199"]<img src="http://www.clivemaund.com/charts/silver10year040515.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>from: <a href="http://www.silverseek.com/commentary/silver-market-update-14376" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silverseek.com/commentary/silver-market-update-14376" rel="nofollow">http://www.silverseek.com/commentary/silver-market-update-14376</a></p><p><br /></p><p>Look at the chart from the source quoted above. See the 2 red channel lines. The POS has already violated 2 support levels and should be very scary to those who are advocating buying big. If it continues, $10 silver by mid 2016. I love their bottom chart section labeled "Downside momentum easing". You could just as easily draw a mirror line above the MACD crossing and call it " Downside momentum increasing". My interpretation for entertainment only.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2144011, member: 15199"][IMG]http://www.clivemaund.com/charts/silver10year040515.jpg[/IMG] from: [url]http://www.silverseek.com/commentary/silver-market-update-14376[/url] Look at the chart from the source quoted above. See the 2 red channel lines. The POS has already violated 2 support levels and should be very scary to those who are advocating buying big. If it continues, $10 silver by mid 2016. I love their bottom chart section labeled "Downside momentum easing". You could just as easily draw a mirror line above the MACD crossing and call it " Downside momentum increasing". My interpretation for entertainment only.[/QUOTE]
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