162 fib of 23.50 / 21.37 , Consider closing shorts in SLW and Silver
triple bottom happening in silver??
I guess Silver might be triple bottomed, but hasn't tested the 18.20 ish low. Weekly shows a EW 1 2 , with perhaps a small start on a wave 3. Check out the weekly RSI
Astro . . . May 28th = New Moon
I think I see the first minor wave i at 21.21, with the expected minor wave ii back to 20.61 50% retrace / 20.04 at 100% retrace , 78.6% retrace 20.27 etc . . . . Not much to watch so far today. . . . perhaps 21.95 tomorrow ??
That is an excellent point you make, rbgambler, I would like to hear a counterpoint if there is one.