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slv and the miners


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#1 gannman

gannman

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Posted 02 April 2017 - 02:41 AM

from the low on dec 20 to the top on feb 27 the move in slv looks impulsive to me

 

the decline from feb 27 into mar 15 looks corrective so to my mind another impulse is coming

 

i am not sure where we are right now we can decline but i dont believe it will be impulsive

 

the miners peaked feb 8 in their impulse wave and have been correcting since 

 

and i believe their correction will be over soon . 

 

so the miners are leading the metals which is the way we want it

 

we will all soon see but i am bullish here for the intermediate term of the next 5 or 6 months based on what i am seeing 


Edited by gannman, 02 April 2017 - 02:43 AM.

feeling mellow with the yellow metal