I'm not in the business of calling tops, however as a TA technician, I'm inclined to take my shots based on chart analysis. The current setup in Silver maybe the most telling that a prolonged decline in equities are upon us. Not calling for a crash, perhaps more of a gradual decline. Money flow.
Elliot Wavers show we are in the 5th primary wave back from 1932...... 5th minor wave now unfolding and should top out soon.
And you know what "soon" can mean in Elliott wave terms.....could be Dow 25,xxx or as high as Dow 28,xxx something.
ecramer
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Great Post!
If the rally continues Im thinking the Dow Should start underperforming vs the S & P 500 on a Chart comparison.
And you know what "soon" can mean in Elliott wave terms.....could be Dow 25,xxx or as high as Dow 28,xxx something.