Silver is in a big correction

By greanhoon
Updated
In January 2016, Silver has begun a big wave rally but every party must come to an end.

For now, September 2016, Silver has ended the cycle 5 waves up unfold as expanding leading diagonal and going into a big correction after 5 waves up.

IMO silver is now in a wave C and expect to see impulsive 5 waves down.

This wave count will invalid, If price goes beyond the high 20.1x.

Cheers.
Comment
Congratulations !!!

Silver is falling sharply tonight.

Cheers.
Elliott WaveSilverwaveWave Analysiswavecountwaveswavetheory

Disclaimer