https://rightsideofthechart.com/si-slv-silver-3rd-price-target-hit-2-15-24/ Stock Trading, Investing & Market Analysis Fri, 07 Jun 2024 19:10:37 +0000 hourly 1 https://wordpress.org/?v=7.0.2 https://rightsideofthechart.com/si-slv-silver-3rd-price-target-hit-2-15-24/#comment-30841 Thu, 15 Feb 2024 16:15:04 +0000 https://rightsideofthechart.com/?p=213423#comment-30841 Randy,
In yesterdays TA video you highlighted the LEI (around the 10 minute mark).
The chart indicated the recessions (grey areas) seemed to start when the LEI went below the “-5” level, and ended when the LEI went above the “-5″ level”.
According to the chart, recessions haven’t started AFTER the LEI goes above “-5”.
Also the stock market seemed to take off after the LEI crossed from below the “-5” level to back above the “-5” level.
Right now the LEI is below and heading up and almost ready to cross the “-5” level.
So, were we just in a recession like no other (they always tell you after it’s over) and we’re getting ready for the next big leg up in the market when the LEI moves above the seemingly imminent crossover of the “-5” level ?

]]> https://rightsideofthechart.com/si-slv-silver-3rd-price-target-hit-2-15-24/#comment-30840 Thu, 15 Feb 2024 15:38:04 +0000 https://rightsideofthechart.com/?p=213423#comment-30840 Randy, what’s your thoughts on Semis (SOXX)? Keep in mind NVDA earning is next week… Thx!

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