Hi-yo Silver Away!

Posted: April 27th, 2011 under Commodities.
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I am just old enough to have caught the UK reruns of the classic western series The Lone Ranger in the early 1960s. Everything about the show was certain – The Lone Ranger would chase the bad guys, get in trouble, and be bailed out by his ever-faithful sidekick Tonto, but for a 7 year old this was the highlight of my week.

Little is certain about this silver market – maybe that it is guaranteed to entertain.
Is the 4/25/2011 reversal “THE TOP” of the run?
It certainly coincides with spiral calendar intervals (F12, F13) drawn from the starting point of the move on Feb 5th, 2010 and the first significant high on May 13, 2010. We can also see that many other spiral intervals from those dates match closely with other high and low points which adds confidence that these dates are governing the move. The auto-spirals (short color bars) do not have much data for this issue but do indicate a turn late this week maybe 4/29 or 5/2 which can be read as either a wave 4 or small degree wave 1 low so the jury is still out.

Silver – SLV

Spiral Calendar Alignments For Silver (SLV) Forwards From 2/5/2010 (red) and 5/13/2010 (blue)

Spiral Calendar Alignments For Silver (SLV) Forwards From 2/5/2010 (red) and 5/13/2010 (blue) – click to enlarge

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3 Comments »

  1. What’s the May spiraldates calendar looking like?

    Comment by fred — April 27, 2011 @ 12:21 pm

  2. bull phase ending 6/11 focus 6/18 massive spiral 1954 alt 2023 alt 1658 end of inflation bull phase I havent missed a move

    Comment by bill signorile — April 29, 2011 @ 5:02 pm

  3. Nailed the top!!! You’re awesome

    Comment by Berry — May 5, 2011 @ 12:46 pm

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