The secular breakout started in the first days of April, when silver cleared the multi-year falling trendline. No, this is no technical analysis, it simply is charting 101. The entire investor and trading community looks at these trendlines, the help in decisioning. Here is the point with the 44 day secular breakout process: bulls or bears will give up at a certain point. It is too costly to keep on betting if you are on the wrong side of the trade, especially if it lasts +44 days. What’s the case in favor of bulls? There is plenty of very strong support over here, as evidenced by the inability of bears to push below ... (full story)