silver following the script – part II

the first post on Silver:

http://bartscharts.com/2013/09/05/silver-following-the-script/

here is an update to the chart .. if our 4 is correct, we should see a strong move to the downside start to develop as we are then POTENTIALLY in a wave 3 of 5 of the 5th and final wave down into our BUY zone of 14.  the only thing we need to contend w/ is IF (the BIG IF) the 50ish level was a macro 3 or 5.  I can move into either camp …however, I do believe 14 will give us a nice buy signal (the first one in 2+ years)

the chart:

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART