SLW-RGLD ratio says world has not ended...

Look, silver got pumped too aggressively last week as it broke upward out of the intermediate downtrend channel.  It did so as gold and silver were experiencing degraded CoT structures and a man was readying for a visit to the senate where he would want to appear to be in control.

He's in control, okay?  Can we move on?  Meanwhile, this bull indicator remains in a daily uptrend after getting over excited and smashed back down.  On a weekly chart it never went to a positive trend and this is negative caveat until it does.  But the daily trend has not even been halted and until it is, bulls from precious metals to commodities to broad markets have a glimmer.

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