Did Something Change in September of 2022?

Keeping with ratio charts for another day, it looks as if something big changed back in September of 2022. The weekly chart below shows us that silver (via the SLV etf) is now outperforming the Bloomberg commodities index (via the BCD etf), after a couple years trending lower vs. the commodity complex, its now taking the lead and establishing an uptrend since last September. I expect silver to outperform going forward, whether the commodity group goes up or corrects further. If SLV outperforms and the group is rising, its just rocket fuel for the white metal! I am looking to add in all accounts into this 3-5 dip, as we near Wednesdays FOMC announcement.

I am aware that I’m not the best at drawing trend line, but I have also learned that it hardly matters on the time frames I am trading. They are always subjective at best, and I prefer to step back and try to see the bigger picture, which clearly shows something has indeed changed. It’s time to buy dips in metals and their miners, with focus on precious metals, though they all could rise together.