Monthly SILJ vs. SLV Chart
March 27, 2024
Ratio charts by definition cannot go forever in one direction or the other. With that in mind, take a peek at the PPO and MACD on the longer term chart of SILJ:SLV, after testing the horizontal support going back when SILJ was first introduced, we observe both indicators about to cross and turn higher. It’s not too late, the miner have lots of catching up to do!