SHARP MOVE COMING IN PRECIOUS METAL

SILVER WHEATON POISED FOR SHARP MOVE

Silver Wheaton has been in a short term sell situation for a couple of weeks but it is still positive on InvesTRAC's weekly system or medium term model. And it is about to do something which may prove to be quite startling. Have a look at the daily chart below ...the rally has lost traction and yesterday price dropped to support from the rising trendline and at the same time price and moving averages are converging which often precedes a sharp move. InvesTRAC's forecast model is showing that we should expect a move to the downside which will imact the precious metals complex adversely.