Monday, February 23, 2015

2015.02.23 Silver Cycle Model Chart

2015.02.23 Silver Cycle Model Chart

The cycle model for silver suggests upward pressure in silver prices over the next few weeks. To help interpret the Z-score, I have placed a long term model going back to 1968 in the Long Term Cycle Charts page.

1 comment:

Anonymous said...

Hm, the Chart looks more like the price would stay down until somewhat later, since the Amplitude of the price is hard to predict as you said, it might happen that the price just stays where it is and goes up with the next curve.

What's surprising to me is, that nothing happened with Gold and Silver when India made up their mind about their tax...