Saturday, March 14, 2009

$SILVER Charts





This is my most complex set of charts, currently. The main trendlines from the largest time scales are bold and thick, and the two sets of 2nd order trendlines are thin and dotted, respectively. These come from the fact that the decline so far is a '5' which I decompose into two distincts "3's". Nonetheless, little change from last time, I still think the larger pattern is down (or maybe sideways), as the .500 major node has not been reached.
We're still hanging in the vicinity of the .250 nodes...

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