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Key Silver Market Updatecaptainewave 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! ### Apr 13, 2018 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. 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