Sigma-L

Share this post

Silver: Hurst Cycles - 8th July 2022

www.sigma-l.net
Precious Metals

Silver: Hurst Cycles - 8th July 2022

The 40 week nominal low fails to provide a bullish 80 day component, calling into question the placement of this component. We look at the cyclical trading options amidst some typical uncertainty

Jul 8, 2022
1
Share this post

Silver: Hurst Cycles - 8th July 2022

www.sigma-l.net

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend

Analysis Summary

Expectations of a significant bounce from the 40 week nominal low, detailed in our last report into Silver were diminished by a bearish first 80 day component. Price failed to hold 20.45 and is now progressing into the 80 day nominal low, detailed below in the chart and trading strategy sections.

Keep reading with a 7-day free trial

Subscribe to Sigma-L to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Previous
Next
© 2023 Sigma-L
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing