I've been looking into various charts for breakout points. I have came across an interesting note. When priced in USD, silver percentage change vs WTI oil change is quite telling of market downturns and uncertainty.
http://www.indexmundi.com/commoditi...0&commodity=crude-oil-west-texas-intermediate
Usually the two mirror the other's move. However whenever silver diverges higher for a period of time you can tell that this point is where bad things happened. We are starting in one of those points now.
http://www.indexmundi.com/commoditi...0&commodity=crude-oil-west-texas-intermediate
Usually the two mirror the other's move. However whenever silver diverges higher for a period of time you can tell that this point is where bad things happened. We are starting in one of those points now.
