Loading ...Not a great fan of Elliot Wave Theory … but found this tweet interesting
Silver’s reversal after v, C and 2 all bottomed … was expected around 22.01 and overshot on the down trend to 21.89, now at 22.31 … that’s about 2% above the intraday low already.
Let’s see.
GL
The green 2 call is the critical aspect. (There are some out there seeing 2’s at every turn, whether they are using EW or not. “Back up the truck or it’ll be too late.” Same idea.)
And without sufficient history going back to the pattern origin, its hard to comment further.
My work continues to point to EOY, but its now close enough that its time to start paying closer attention.