See attached with Elliot Wave.. Regardless how you label this move in terms of Elliot Wave (either an impulse 5 wave structure or a corrective 3 wave structure) there appears to be higher prices on the horizon as indicated on the vector charts..
--Tony
Monday, February 14, 2011
Silver 02142011
See update... Daily indicates higher prices going into the 21st.. next upside target (for swing traders on the hourly) is 31.02 by the 16th.. and as expected we are encountering consolidation at the $30.57 price level..
Happy Trading!
Happy Trading!
Tuesday, February 8, 2011
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