now that shorts are closed, silver is in last stage of accumulation between 16-18, it will soar december 21 2012
pantheo
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@Mdotee., If monthly close erase last month's bearish action, it will be something, especially if we get a close above 17.90. FWIW, money flow is turning slightly positive. We'll see. For now COT and sentiment is favouring bullish action.
Mdotee.
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@pantheo, we will close 16.78 :) make sure to long if we touch 15.9-16.1 area
pantheo
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@Mdotee., thnks. P.
look4edge
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hey, @pantheo, huge compresssion in place, once released, shooting far, (and i bet down, lol)
pantheo
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@look4edge, we'll see where month will close. Long term, yes, as we have discussed, it's not looking good, but short term when COT and sentiment are as it is now, a short term maybe upside should be expected from next week onwards. We are entering the most bullish timeframe regarding seasonality:-)