Silver

As secondary metal’s market for analysis is Silver as priced by the futures contract on The COMEX and GLOBEX.

Market Trend

These are the Silver’s daily bars for the last three months to-date. The blue dots denote trend consistency. When the blue dots break above -80% line, higher prices are anticipated. When the blue dots break below +80% line, lower price is anticipated.

Market Profile

The Silver’s Profile shows the amount of contract volume traded at every price point for the last two weeks. The longest lines are indicative of price support and resistance. The colored lines represent the most recent trading day with the white bar as the closing price.

Market Magnet

The Silver’s Magnet is the volume-weighted consensus price of the Silvers’ Market profile. Similar to Silver’s Market value analysis, when the Silver crosses the Magnet, we expect price to continue in the same direction. But when the price gets too far away from the Magnet, we expect the trend may be ending.

Market Range

The Silver’s Market Range is the expected distance that it will cover the ensuing trading day. This “Expected Daily Trading Range” (EDTR) it gives a rational, acceptable estimate as to how far the market may move. For example, in the side graph the EDTR shown is xxxxx

Market Rhythm

The Silver’s bet Market Rhythm recently to-date is displayed in the Market Rhythm chart. As show in the chart, it is the Silver’s 12 hour MACD. When this rhythm has been positive the Silver’s price is shown in Green and when it has been negative the price is shown in Red.