Quick Alert - Market Analysis

I wanted to provide a quick alert to everyone before the day started, as it looks to be quite pivotal.  The rally we wanted to see is underway, but it is at a very important stage.  The analysis provided over the weekend is still quite applicable.  But, if we now break below yesterday's low, then it suggests the c-wave down is in progress and in the heart of the 3rd in that c-wave down, so I would not fight the downside if we see a break below yesterday's low at any point in time.  The yellow count on the silver chart presents this alternative. 

I will send out a full update this evening.

GDXdaily
GDXdaily
Silver 144 min
Silver 144 min
Avi Gilburt is founder of ElliottWaveTrader.net.