Silver per Ounce

Updated
In case you haven't noticed, Silver hasn't really felt fluctuation like the rest in 2 years
This type of momentum feels like compression, as we approach the end of super-complex waves market wide, This could be the end, or the beginning of much larger WXYXZ intervals

the 3200 MA is 16x the 200 MA,
peek at how the s&p reacts to its daily 3200
If the 20 MA is being drawn down with powerful red bars around the 3200, then it may spend time below it.
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Green is 200, Orange underlying line is 3200
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snapshot
It could also become more complex with time...
Elliott WaveelliotwaveanalysisS&P 500 (SPX500)Wave Analysis

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