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ElliottWaveBelgium
Oct 7, 2020 3:42 PM

SLV - One more push down before going for a new high? Short

iShares Silver TrustArca

Description

The wave count suggests we should see one more push lower to finish a 5 waves drop as part of wave (c) of higher degree wave ((iv)).

A drop below 21.60 could get things on track and we finally could see price drop for fifth wave.

Comment

not looking good ...
Comments
Brain_haddin
Great idea
ElliottWaveBelgium
@Brain_haddin, thanks, but for now it's not looking great.
The long side is becoming increasingly more interesting ...
But I really would love a drop below 20 to buy in without regrets.
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