Thursday, May 29, 2014

Silver Elliot Wave Analysis : Complete Analysis !!!!!!!!!


Dear All,
                        Silver Cracking very fast ......... we also got stopped out ..........now just see how price action is unfolding or most likely to do ....

                                               Big Picture We are declining in an impulse
Might have completed min tgt but when we examine subdivisions they indicates more downside


                                                         Wave 3 did 161.8% App

Wave 4 did .382% ret


Now see how price are unfolding from in Major 5 

We now see price action happening in Wave 5 subdivisions


As you will see we are in minor 5 of major 5 


Now we examine sub divisions of Minor Wave 5 


Minor wave 3 did .224% app

Wave 4 did .236% ret and did Irregular



Minor wave 5  is going down with wave 3 down in progress


                                         
We expect termination of this downfall is very close ....on reversal set up we will recommend to buy @ lower levels for " Major Move on Upside"


               

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                                                                     Abhay Mehrotra

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