The chart projects a correction to as low as 21.39 of the big bull move begun in March from 20.42. Since the initial downside penetration of p=23.43 earlier this month was not especially dramatic, however, we should be alert to a possibly significant upturn without D having been reached. There is a chance it began Friday, since the bounce from an intraday low began at a voodoo number that should have jumped out at advanced Pivoteers. If the futures relapse as the week begins, look here and in the chat room for an update that could be tradeable.
SIU23 – September Silver (Last:22.74)