It is now one way or the other IMO:

This bounce off .447 may suggest that a move to 1.272 was not it, if it comes to the fall off the last bearish KZ ABCD :

"The Two Towers" in Silver to be continued?

If this one is taken out, it's not a W3 down:

The most bearish scenario still looming over horizon:

If this low holds, it'd give a possibility of a 1.618/1 on the ES 15 min.

Danger not completely gone yet:

Jarek says danger - still not over the ML and the KZ from Friday morning 5:30 high.

Originally posted by tx_ches

If this low holds, it'd give a possibility of a 1.618/1 on the ES 15 min.

A retrace of 127 from the Friday morning 5:30 high is at the 6/22 high.