As the waves develop in the Silver market some other possibilities present themselves. Seeing the possibility of a flat developing in the middle of this sell-off with price likely to rise up to around the 15.2 area. Then followed by a sell off into the seasonal low in December. Although the sell off looks like it is a little steep. A more gradual, time consuming, decline would make more sense...
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This count is complete, though Silver never did reach 15.2, getting as high as 14.912 was enough to complete the green c wave in parenthesis and thus the green b wave in brackets because we have traded at new lows below green a in brackets.
Expect lower Silver prices
Expect lower Silver prices
