If USLV doesn't break out of the top orange rail per the red model very very soon then I fear that the blue model could be in play. Miners are not going to go up if silver goes down...
On the flip side, if metals go lower from here before putting in a clear B wave then we have to consider that that this bottom will not just be A down but rather the end of the metals bear for the next decade +.
Tuesday, March 3, 2015
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