March 10, 2014

 
 
  • 4 Hour chart of silver shown with support levels. Bigger fall likely if price closes below 200 period SMA and 50% Fib level.

  • CRUDE Oil testing the support confluence zone again. Bears need to close below 38.2% Fib level to confirm the Topping pattern in daily chart

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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore