Threadneedle St
New Member
An intetesting chart.
He uses Delta Turning points...note the boxes at the top and bottom of the chart. The box grouping 1 & 2 are major highs. Box 3 at the bottom of the chart are timeframes for low points.
Interesting to note that each up leg since the beginning of the bullmarket 13 years ago has increased 2 times, 4 times, 6 times....will the next time be 8 times, leading into the next high timeframe of late 2015?
An 8 fold move from the low of $18 puts silver at $145.
He uses Delta Turning points...note the boxes at the top and bottom of the chart. The box grouping 1 & 2 are major highs. Box 3 at the bottom of the chart are timeframes for low points.
Interesting to note that each up leg since the beginning of the bullmarket 13 years ago has increased 2 times, 4 times, 6 times....will the next time be 8 times, leading into the next high timeframe of late 2015?
An 8 fold move from the low of $18 puts silver at $145.