SILVER 0.30% $15.25 silver futures

silver : resistance at 18.98

  1. 1,248 Posts.
    Silver (SI, COMEX) : Resistance at 18.98

    Monthly Cycle Pivot Centers : 17.19 - 17.56 - 18.80
    Normal Lower Limits : 13.96 - 14.37 - 14.99
    Normal Upper Limits : 20.01 - 21.16 - 22.61 

    Weekly Cycle Pivot Centers : (18.82) - (18.88) - (18.98)
    Normal Lower Limits : 17.31 - 17.39 - 17.48
    Normal Upper Limits : 20.26 - 20.28 - 20.65 

    Weekly Cycle Projected Series : ... 17.48 - 17.71* - 17.94 - 18.06 // 18.18* - 18.29 - 18.41 - 18.53 - 18.64* - 18.76 - [18.88] - 18.99 - 19.11* - 19.23 - 19.34 - 19.46 - 19.58* // 19.70 - 19.81 - 20.05* - 20.28 ...

    Weekly Cycle Congested Area : (16.47 - 17.28 - 18.08 - 18.88 - 19.68 - 20.48 - 21.28)

    Directional Indicator : [15.92] - 16.59* - 16.88* - 17.19 - 17.56 - [17.81] - 17.95* - [18.31] - 18.80 - (18.82) - (18.88) - (18.98)
    Significant Resistant Levels are 17.95* - [18.31] - 18.80 - (18.98)

    Remarks : The market is positive when it is above 17.95*. Speculative buying interest will increase when the market is trading above the weekly cycle pivot centers at (18.82) - (18.88) - (18.98). The weekly cycle normal upper limits at 20.26 - 20.28 - 20.65  will serve as a resistant range.

    Silver (COMEX) : Monthly Cycle Charts
    http://www.qindex.com/comex-silver.html
    Albert Cheung (Ph.D.)
 
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