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Wednesday, October 30, 2013

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SLV actually has an Bearish Gartley on the Intra-day chart. It appears to have completed the Pattern at the 1.414 projection level. I Prefer if this didn't go below the Green Line. To be Bullish it needs to clear the past wave (b). Note that the 1.618 level is really close to the (b) level. Be aware that this could be a Bearish Flat Pattern.

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