Although it flies in the face of my bearishness on the Euro and miners, it seems to me silver might – – and I say again, might – – be shaping up as a pretty amazing inverted head and shoulders pattern.
The pattern isn't done yet; we're just coming off the base of the right shoulder; but this could be an interesting long with a stop set at the low point of the right shoulder. Below is the 2x ultra-bullish silver ETF.
