via StockCharts.com
Strategy :
i. Option or CFD Straddle at $38 for objective of $42 or $27.
ii. Enter short trade on break of $37
Broad Picture,
Silver has topped out at $48. Capping off a Wave 5 termination of an intermediate degree.
Prices since corrected or dropped down to $32 and rebounded to about $38.
From here on out.
Anticipating Silver to stay with the near term trend channel to maybe $42. FInish off the mini Wave C correction and continue the decline to $27 .
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