In the previous TMV Swing Trade reports and live webinars I talked about the reaction cycle in Silver. After the reaction swing was confirmed on March 23, 2011, I was able to project April 26, 2011 as the end of the cycle with a long-term price objective at the intersection of the ascending parallel line and the downward sloping reaction line. The market reached the reaction line ( $48.00) on April 25, 2011…one day before the projected reversal date.
