This chart is as simple as it gets. Silver in a monthly basis, log scale, should take silver price to the $150s in the next few years.
Cup.
Handle.
Boooooom.
The chart is being published in a slightly different scale that intended. If the cup does not match perfectly in your view, please reduce manually the log scale in the right axis and the chart will show.
I have two hypothesis on the current situation. Both hypothesis begin in Nov 2012 @8661. The first hypothesis is that since 8661 there has already occured a whole cycle, 1-2-3-4-5-A-B-C, ended on feb 2016 @14915, and that we are now in the beginning of wave 5 of the second cycle.
For this hypothesis to be upheld, Nikkei must not go below 21100. If this level...
