Silver has completed a 5-wave continution pattern that may mark the center of the longer-term downward cycle. The market is currently forming a bearish TR swing pattern and has retested the downward sloping parallel line as well as the 20- day SMA. A confirmation of the pattern will trigger the next downward slide to the descending median line or into the April 5 reversal swing date. I will updates and possible recommendations in the Traders Market Views.

May Silver
× Comments are closed.