Saturday, February 13, 2016

2016.02.12 Silver Cycle Model Chart

2016.02.12 Silver Cycle Model Chart
















The silver cycle model suggests silver may have found a bottom for the immediate time frame. The actual price has deviated from the predicted price enough so that according to the model, silver prices should experience a negative correction on the way to a local maximum of ~$16 in the May time frame.
Below is the previous iteration of the model, also shown on the blog here.


2015.12.18 Silver Cycle Model Chart