Silver at a Critical Point

Hi Everyone!

I am so excited to start my first blog post on the markets! I have been posting in private forums for about a year regarding my thoughts on the market and I thought maybe it is time to start sharing my thoughts with the whole world. I love trading the markets and doing technical analysis. I first started trading in 2007 at the height of the real estate market bubble and crashed right along with it. I have learned a lot along the way. I have traded on and off since then in between having two kids and went back to full-time trading at the end of 2015. This year I have done well trading the gold markets.

Silver is at a really critical point. Silver might have just ended its wave C bull market correction and may be on it’s way to starting the famous wave 3 up, which most people like to call the “middle” part of any stock’s advance.

Here is my Daily Chart of Silver:

screen-shot-2016-12-05-at-1-17-32-pm

If Silver can crack above $17.11, the odds favor the bottom is in.

Looking at the chart of PAAS also says the bottom is in. PAAS is my favorite silver mining stock right now.

screen-shot-2016-12-05-at-1-21-47-pm

 

Do you see how far above the neckline it is now? That’s very bullish. The wave count shows PAAS has already begun wave 3 up.

 

2 thoughts on “Silver at a Critical Point

  1. Fantastic Susan!!! I will be an avid follower and will look forward to your future posts

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