I think using EW for very short duration is not all that great, however interesting market yesterday. Usually a takedown day, it proved revealing, the daily chart in silver was almost a key day reversal, the 4 hourly has just given a buy. I wonder how many of the shorts the banksters put on last week have been closed. Do they believe then that the FED will be dovish?
IVR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
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