i think it is entering a wave 3 and could go to the 19 area fwiw
slv
#1
Posted 08 May 2020 - 09:34 AM
#2
Posted 08 May 2020 - 01:33 PM
i think it is entering a wave 3 and could go to the 19 area fwiw
Thanks,
gis
#3
Posted 08 May 2020 - 01:36 PM
i think it is entering a wave 3 and could go to the 19 area fwiw
Just looked at a daily chart. Doesn't look to me like it is entering a wave 3!
Would you have a chart with your count?
Thanks, gis
#4
Posted 08 May 2020 - 06:51 PM
gis look at the weekly chart of slv since 2011
i do believe mar 18 was a major bottom in slv and the end
of the slv bear market. i think we are going a lot higher here fwiw
#5
Posted 10 May 2020 - 09:10 AM
Hello Gannman,
took a look, but to my untrained EW eye, it doesn't look convincing for a wave 3 up now.
My daily cycle is topping Monday, and weekly cycle is close to a top, so I don't expect too much upside for the next few weeks (unless it jumps an octave up), but then it should
continue its uptrend with monthly and quarterly cycles still pointing up.
Thanks a lot, gis
#6
Posted 10 May 2020 - 11:53 AM
Silver needs to clear 16.50 one more time...about 15.50 on SLV
Hopefully this next week after thrusters started to fire last week...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy