SLV - Impulsive

31 Des 2020

First impression was an extension here on the weekly line chart. At worst, it's a fifth wave. In commodities though, the fifth wave is often the most explosive. My conservative target for 2021 is 35 but if BItcoin prices are any indication of what the failing dollar trade could look like (300%+ this year), Does seem like a very good time to be long. Happy New Year all!