Silver versus Spx
This ratio was just brought to my attention… and found it captivating! Also, another occasion to test my latest yearly charts and arc analysis… Thanks Fully and Northstar !
Note: I couldn’t get the borders exactly right the superposed arcs.. arcs with analog charts on tradingview was finicky.
Edit: added a monthly chart version + TSI to add weight of evidence to scenario. Arc within arcs… #inception
Nice chart Patrick. Getting the positioning of the right hand side of the bowl is tricky. It may end up extending to the right a little – as long as it remains a perfect arc, that’s fine. The technical indicators are often a big clue.
Thanks NS! Indeed, adding the TSI gave a much clearer sentiment of direction… removing some of the eyeballing guess work.