SLV - at an inflection point?

I think so. Unless my chart reading skills are off, SLV is right at an inflection point. There is a perfect FIB retracement in place and $15.74 represents an important break out/down point from 2016. Down channel resistance just begging to be taken out. Volume drying up on sell-off. MACD and RSI favorable. A little W bottom with 200 day holding us up below. If the saying is true that the miners lead the metals, WPM and PAAS have been screaming up. Feels like it's coiling, Looking for it to attack the 18.35 high and fairly quickly.