JULY 21 DAILY UPDATE

Silver is likely going to have a key daily reversal higher today.

This likely is an indication that all of wave (iv) of our multi-month bullish triangle is complete at the 24.79 low.

Subscribers could consider going long now and risking to 23.75 or buy a put.

Also note that the USDX is likely going to have a key daily reversal lower today, which should indicate a  major top in this market.

As you see tomorrow we have adopted our very bearish wave *iv* of -iii- triangle alternate as our preferred.

 

Thanks!

Captain & Crew