Replies to post #901 on ProShares Ultra Short Silver (ZSL)

[xero90]

ZSL, maybe not now if deflation is coming big time!

Top is always hard to figure. If gold rests at 1030 and using this as the pivot point, then GSR stands as reason to maybe be as high as 88 if you look at the GSR megaphone chart pattern; then, silver's bottom would be about 12.0 ish. ZSL in this case would top around 55% increase from this point, 110.6 which would be 171 ish. Let's see....



Fibs: 164 & 145 noted