Glewis54

SLV - One more down move left?

Long
AMEX:SLV   iShares Silver Trust
Silver's apparent wave 4 correction has been long and boring. Might be one down draft left still. Looking at a weekly line chart and parallel channels, it's quite possible that we hit 15.42 on some weekly close in the very near future. If the channel holds, we may begin wave 5. If the channel doesn't hold, then back to the drawing board.

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