Today (Wed 17th July 2013) silver was slammed down, so it time to review the dominant cycle to see where we are.
Silver Etf (SLV) has a very strong weekly 210 period cycle and it suggest that there is little down side to go, however SLV could still print between $15 and $17 in the near future. As always watch for a base to build before jumping in.
Also read post a readtheticker.com
..”One of the most helpful things that anybody can learn is to give up trying to catch the last eighth – or the first. These two are the most expensive eighths in the world. They have cost stock traders, taken together, enough millions of dollars to build a concrete highway across the continent.”..
..”The first rule is not to lose. The second rule is not to forget the first rule”