Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
Silver's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
Today's Silver Review follows up the Gold Review published yesterday. Gold, silver, and Bitcoin (as well as Alts) follow different cycles. We can easily prove this in the Matrix by studying the Primary Trend counts (Gold = 24, Silver = 7, Bitcoin = 6 in the highlighted Primary Trend columns in the Trends Tab of the Matrix). The LeadM tab also defines bullish and bearish primary trend impulse statistics that are NOT identical. For example, the bullish impulse of gold, silver, and Bitcoin average 9, 13, and 21 months. Please download the Matrix and study the LeadM tab statistics for each market. They're not the same; they follow different cycles.
Silver's primary trend has been up for 7 months and 44%. Some of the hardcore gold and silver bugs are complaining that silver is failing to keep up of Bitcoin, but clearly they do not understand the cycle differences.
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