We aclled the SILVER Flame out here at reflections-of-reality and man what fire we got. Look at the spike in the Call Flows (bottom left) and this all against an unhealthy neg. Div. in the Put/Call ratios.
Silver has noe reached the an extreme Exhaustion level which we see just a few times in a decade!!! Normal exhaustions lead to tops or bottoms within 20-30 days and the counter already stands on 15. We are so overheated that we should expect extreme vola any day !!
Compare this to Gold and we have a similar story.
Our Timing model also seems to indicate a looming PIVOT.
Also look at the broader Commodities Universe and you will fine a high risk set up that COULD lead to a cyclical TOP across all risk classes !! (Notice that the counter has already reached a potential target !!)
We have too many traders and investors on the same side of the boat.
Nobody dares to question...
- the Inflation story
- GOLD and OIL and SILVER going to the moon
- the end of the DOLLAR.
Maybe we will get there but the curent structure of the Markets indicates that we might go the other way for one more round before these 'common truth' materialze.
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