A Non-TA perspective:TA is a good tool, but you can throw your TA-based predictions out the window if the price of silver breaks through $30 again and continues up. The lows you are talking about will never be seen.
What does your TA say about the price of silver?
My take on the action this week is that the market for USA was emotional if not panicky, over sold, and is now correcting back to a more favorable SP.
USA is a silver play, (IMO a darn good one,) and it will react like other silver plays, more and more, as the word about who USA is spreads. The market may decide .55 is where it should be right now, or it may decide .55 is still too low... The market will do what it will. I think USA goes up some more tomorrow since it was right in the .59-.61 area before the accident-report PR's came out. Seems like the price of silver was about the same then as it is right now - high $28's - low $29's. GLTA