Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Wednesday, October 12, 2016
Silver Oct 12,2016
Looks like a bottom for silver based on cycles and Fibonacci time line (89 and 34 days). RSI down around 30 (marking a low?).