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JohnCM

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JohnCM

Re: WildlifeTracker post# 3910

Saturday, 07/22/2017 10:01:01 AM

Saturday, July 22, 2017 10:01:01 AM

Post# of 6921

I'm basing that opinion based on trading activity and the overall pattern that I see in silver. A short-term correction to the low 16s is logical for next week. $16.00 support is crucial to see if this this upswing was just a brief correction in a larger downturn, or if it's an actual reversal. My bet is that this upswing was just consolidation for another leg down. We'll see by Wednesday, I'm sure.



Long Silver. Should be a nice play to $20 then sell 1/3 or 2/3rds.

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