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Wednesday, April 24, 2024

Silver COT Reports are bullish, cycles will tell us when.

Courtesy of Read the Ticker.

silver-cot-reports-are-bullish-cycles-will-tell-us-whenClive Maund of Streetwise Reports tells us the COT reports are bullish for silver, and he is expecting an imminent spike in silver with a panic wave of short covering.

Here is one of his chart supporting the bull argument.

Silver ratio

This is all good stuff, but timing is everything, using our Bartels scanner (named Cycle Finder Spectrum) we can scan trading days, calendar days, weeks, months to find the best cycles, and here is our result.
 

Silver cycle
 

The bullish pressure is intense late April or early May 2018.

Lets watch!

Sure fundamentals do matter, and so does market timing (entry, stops and exit), here at readtheticker.com we believe a combination of Gann Angles, Cycles and Wyckoff Logic is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. With our website you can chart any security in the world.

Investing Quotes…

…"Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics."…
William D Gann

…“To me, the 'tape' is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”…
Martin Zweig

..“It’s not what you own that will send you bust but what you owe.”..
Anon

…..“I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”..
Martin Zweig

.."Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception"..
George Soros

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