Saturday, September 24, 2011

Precious Metals and Institutional Money update

Silver took a material beating and could bounce from here. How far ...we don't know, but probably into mid OCTOBER.

The GOLD OPTIONFLOWS tell a similar story. We had the beating, the pressure relief....now what's next...?

Silver looks deeply oversold. Last time we had those oversold level....yeah you know....
...same for GOLD...


The INSTITUTIONAL MONEY Optionflows look weird as if we have too many players hoping for a supercharged upside bounce .......?!

The TimeCycles are bearish into mid October (same as Silver with opposite signs ?!)

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