Hi Ho Silver

When silver made its top at the start of the year there was much that was text book about it but a few things that weren't For the pro side, it made three peaks into the top, weekly RSI was an an equal extreme to the 3 tops over the last decade and the measured move missed the target by just 17 cents and the upper trend line for the decade stopped it. For the con side, wave pattern looked like it needed at least a small leg higher and probably even a bigger leg higher after a bigger correction and my target for gold was 1475/80 or 1520, probably the former and we weren't there yet. So we have moved to new highs and so that satisfies the small leg for the pattern problem. That could well see a bigger correction and then a very big move higher later. I think the trend line issue is interesting. It is over the trend line and the key is whether it can close weekly above it and hold it. If it does then this short leg might become bigger than expected. The wild swings going on with equity markets down and soft commodities too and copper etc BUt silver up etc makes it fun at this point. On the way up Hoye has called it AOM or ALL ONE MARKET. Does it stay all one market or do things diverge?