[SLV] update

In the backlink you can see how the model expected a small pullback today to perhaps $16.31 or $16.32.  Today's chart shows exactly that happened.

No, I'm not a time traveler from the future.
No, I'm not just very, very lucky (again).
Yes, the EW principle is a real, tangible thing which only provides odds as to the next move but which can be pretty spectacularly accurate at times. 

I have noticed that even the best EW practitioners swing in and out of accuracy.  The hand goes hot and then cold.  I've been working to minimize my variations by looking at both sides of the coin from multiple directions for my private trading and then sharing only some of it publicly simply because posting is so time consuming and I still have a day job (but I don't know for how much longer if I keep winning at the rate I have been...).

Having said that, I do believe that arrogance blinds the practitioner of this counting; it sort of subconsciously sets the mind against itself.  So let me again give the credit for this great market timing tool to the guy who invented it, R.N. Elliott, and to the team of pros who I learned it from: Bob Prechter and Elliott Wave International.  I don't know these people personally and I don't have any business relationship with them but I do subscribe to several of their services and I consider it money well spent even if they are not always right.  Nobody ever is, are they? If you are a serious trader then you should consider EWI's short term update product.