On the 10-day minute chart it looks like a head and shoulders is forming / has formed. Looks like we head down soon, probably into the close. Projected first stop is 21.74
I like Cowboys 21.60! If 22.23 is W i, and 22.36 is W ii , fibs point to 21.83 as W iii and 21.60 as W v, but I'll be watching 21.74 !
Hey Sharpie, I had the first wave at 22.60 - 22.27. Then it bounce and did a 50% (which is a minimum requirement) to 22.44. So we could head down to the 21.74 w iii. Lets see what transpires. Such low volume really makes the case for a move down.
21.82 , was support back on 4 / 17 . . . If 21.98 is iii , 127 fib is 21.82
Got Dynamic T cowboy, into the 4th chapter .. .. Its a treasure . Thanks for introducing it to me.
That would be a gift indeed. Not sure someone is dumb enough to sell the stream that far under spot though. If silver dumps to 19 before the close, then yes, it may head down there.