Below are two daily trend charts of Silver (SLV) and Stocks (SPY). My interpretation is that these two markets are highly correlated, with SPY turning in a much smoother trend profile.
SLV Daily
SPY Daily
That said, a longer term application of the low-volatility algorithm to Hecla (HL) shows stellar results:
HL Weekly 4.0 Trend Model
1 comment:
On one of your videos you said to watch for a retracement when Spy 500 nears 1222. We are nearly there.
Do you feel it would be prudent to be on the sidelines as we approach this target
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