11:33 am PST. Well, here we are, silver is now at $17. Am I surprised? No. Did I short it even though I thought it was going there, no. And that is my trading lesson for this week. I could see my target, I could recognize the pattern unfolding and I could see where the market intended to go, but I could not pull the trigger. But that is okay. I am happy that I recognized the pattern correctly. It happens a lot, and if I do this often enough and am able to consistently recognize the patterns correctly, with experience, I will gain more confidence. That is the learning curve. 🙂 That is also the point of this blog, to clarify my trading thoughts, and learn!

8:10 am PST. Silver is about to slice through $17. If it does, next down is $16.88.