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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Activatecard who wrote (287609)10/28/2010 8:15:47 PM
From: patron_anejo_por_favorRespond to of 306849
 
It's a potential flag. A positive is that it's also confirmed on point & figure with a similar target:



A negative (of sorts) is that down does in the flag have been on higher volume (on the SLV chart). So we really need to see a high volume breakout (to new highs) for confirmation. On balance the silver chart looks good but we may consolidate a while longer before significant up. (Maybe a couple of weeks). For long term holders it's meaningless, we're in a bull and have much higher to go on gold, silver and mining stocks.