williamdas

PSLV silver ETV

Long
williamdas Updated   
AMEX:PSLV   Sprott Physical Silver Trust ETV
Not much else to say except
a buy zone near 3200 and .382 chosen from %

Target for $PSLV is 31$....
Sprott etv's are heavily weighted to the price of silver, which for decades has been accumulating in extremely complex impulses and wxyxz corrections.

The book that I learned wave principle from contained a late 1970's prediction based on the massive abcdefgh...... triangle that had been forming

a failure to break the green 200ma would be my indication that it's actually time for silver.
None of this has to do with anything you think you heard anywhere else about silver. You don't need to know any of it to understand that any chart can be traded 100% on technical analysis on any time frame... The price of silver has hardly ever spent time over 15$ in its lifespan, and expect it to stay at this price level for an extremely long time in order for these patterns to complete
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some of you might be shocked when I point out something like this?
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I'm looking for an X wave, followed by Z

Then, orange underlying x followed by Z
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Seriously tho - what follows is triple digit silver/Oz based on wave 1 fibs from the 1970's
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Using %
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Unless we send it clear through the orange 3200ma, might be one of the last lower accumulation points for some time if at all
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