Silver has advanced into a cluster of reversal dates. September 28 and 29 were both identified as potential reversal dates by using two completely different reaction swing pattern. The September 8 to September 10 reaction swing projected September 29 as the key dates while the September 17 to 21 reaction swing projected September 28 as the next reversal/reaction date. The Action-Reaction price projections of 21.80 and 22.10 respectively.
Silver reached 21.80 on September 28 and 21.07 on September 29 only to reverse and (at the time I am writing this blog) trade 38 cents lower on the “trail day”. This is a great example of using the Action-Reaction theory in combination with the Reversal Date Indicator to make future time and price projections. www.tradersnetwork.com