There is a large bounce coming for Silver, but I recognized last week that it starts from lower down. I have had time now to look at Silver in depth, and my estimate is for a bottom June 6 or 7 at $27. Notice that the bottom target is at the apex of the 2 orange lines.
The long term (several year) cycle is very bearish for Silver. In several years time, my target would be approximately $5. However, that would be the start of a long (many decade) impressive bull market in Silver. I'll explain this further at a later date.
Silver might see a quick little pop, and that presents a nice spot to short. The first bottom at $28.50 might be as soon as Tuesday, May 24th.