riversnew577

Super Bear Silver

Short
COMEX:SI1!   Silver Futures
The key to this count is the concealed (WXY) wave , which none sees. Under this count we're going to see only marginal upward movement to finish wave b and then plunge in wave (Y) to complete the abc from 2011.

Comments

Hello Riversnew1,

can you say under what condition your count would be wrong?

My cycle system says, daily cycle is up, only with a daily close below 17.35 will the daily cycle go one octave lower.
The weekly cycle is down, but should bottom around the $14.00 area.
Monthly and quarterly cycles are up, so I don't see your prices in the $11 or even $10 area.

Thanks, gis
P.S. I would agree that your wave X can't be seen as impulsive in whatever way one is looking at it, but my cycles say what my cycles say.
However, looking at a weekly chart, the up-move could be seen so far as a 1, 2, 3 and currently in a corrective wave 4.
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