Mark Your Calendar
The chart shows a specific date for Silver to break out of this correction. I jumped the gun two weeks ago and was wrong on the timing. I have since identified three entry points. The first was today, I started to establish some speculative positions. The second is this Friday, if we bounce tomorrow and pullback on Friday, I will add. However, the IMPORTANT day for another possible major down early and late reversal, is Tuesday May 5th, Cinco de Mayo. Don’t know if there is any significance, other than Mexico being the largest silver producer. However, there is something special about Tuesday, besides it being the COMEX cutoff date that usually produces pullbacks and the chart suggesting Tuesday the 5th is when Silver should reverse higher. I will follow up on Tuesday morning.