Home   Links   Editorials

Key Silver Market Update

captainewave
email: admin@captainewave.com
website: www.captainewave.com

April 16, 2018

Short Term Update:

(Double click to enlarge this image)

We are still working on the assumption that all of wave ^ii^ is not complete at the 16.10 low.

We have a complex wave ^ii^ correction that is still underway, with wave $c$ being an incomplete diagonal triangle.

We need to drop to at least the 16.10 low to satisfy to minimum requirements for the completion of this pattern.

A break and close above 19.95, and above the blue upper trend line of our wave $c$ diagonal triangle would suggest that wave $c$ and all of wave ^ii would be complete at the 16.15 low.

This would be considered a failure signal, and failure signals can be unreliable so we continue to look for the silver price to decline to $16.10 before any big upside action gets underway.

Longer term our first projection for the end of wave .iii. is:

.iii. = 1.618.i. = 22.03.

Trading Recommendation: Go Long silver now, and buy more near $16.10. Use put options as a stoploss!

Current Active Positions: We are long, with puts as stops!
 
Free Trades Offer For 321Gold Readers: Send me an email to admin@captainewave.com and I’ll send you a free week of my daily wave counts for gold, silver, SP500, oil, natural gas, USDX, and GDX exactly as my subscribers get them!

Thank-you!

###

Apr 13, 2018
captainewave & Crew!
email: admin@captainewave.com
website: www.captainewave.com

Risk: captainewave.com is an impersonal advisory service and, therefore, no consideration can or is made toward your financial circumstances. All material presented within captainewave.com is not to be regarded as investment advice, but for general informational purposes only. Trading stocks does involve risk, so caution must always be utilized. We cannot guarantee profits or freedom from loss. You assume the entire cost and risk of any trading you choose to undertake. You also agree to bear complete responsibility for your investment research and decisions and acknowledge that captainewave.com has not and will not make any specific recommendations or give advice to you or any of its clients upon which they should rely. captainewave.com suggests that the client/member test all information and trading methodologies provided at our site through paper trading or some other form of testing. captainewave.com, its owners, or its representatives are not registered as securities broker-dealers or investment advisors either with the U.S. securities and exchange commission or with any state securities regulatory authority. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest with or without seeking advice from such an advisor or entity, then any consequences resulting from your investments are your sole responsibility.

All information posted is believed to come from reliable sources. captainewave.com does not warrant the accuracy, correctness, or completeness of information available from its service and, therefore, will not be liable for any loss incurred. Due to the electronic nature of the internet, the captainewave.com website, its e-mail & distribution services and any other such "alerts" could fail at any given time. captainewave.com will not be responsible for unavailability of use of its website, nor undelivered e-mails, or "alerts" due to internet bandwidth problems, equipment failure, or acts of god. captainewave.com does not warrant that the transmission of e-mails, or any "alert" will be uninterrupted or error-free. captainewave.com will not be liable for the acts or omissions of any third party with regards to captainewave.com delay or non-delivery of the captainewave.com nightly emails or "alerts". Further, we do not receive any form of payment or other compensation for publishing information, news, research or any other material concerning any securities on our site or publish any information on our site that is intended to affect or influence the value of securities.

There is no guarantee past performance will be indicative of future results. No assurance can be given that the recommendations of captainewave.com will be profitable or will not be subject to losses. All clients should understand that the results of a particular period will not necessarily be indicative of results in future periods. The results listed at this website are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades have not actually been executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No independent party has audited the hypothetical performance contained at this website, nor has any independent party undertaken to confirm that they reflect the trading method under the assumptions or conditions specified hereafter. While the results presented at this website are based upon certain assumptions believed to reflect actual trading conditions, these assumptions may not include all variables that will affect, or have in the past affected, the execution of trades indicated by captainewave.com. The hypothetical results on this website are based on the assumption that the client buys and sells the positions at the open price of the stock. The simulation assumes purchase and sale prices believed to be attainable. In actual trading, prices received may or may not be the same as the assumed order prices.

321gold Ltd