Monday, January 16, 2012

Silver Market Update [Clivemaund.com; January 15th, 2012]

We have until now concentrated on this Head-and-Shoulders thesis and not really considered the possibility that the entire reaction from the April high, which was a downtrend bounded by parallel trend boundaries, is quietly morphing into a strongly bullish Falling Wedge, as shown on our 2-year "Scenario 2" chart below.



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