SLV is running into cloud resistance on the daily chart, and likely completing a wave 4. One more wave down is needed if this is an ABC correction, otherwise it's a 3 in which case a larger correction is underway. Either way, lower prices should be coming in this metal.
In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there's nothing more for you to do. - William Eckhardt