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Monday, February 14, 2011

Eur/Usd


The Euro is following it's geometric rectangle!

Basic Geometry In Silver 02142011

See attached.. basic geometry in Silver.. you can see a basic rendering of the geometric shape that we are currently "boucing around in" .. break the larger structures as shown down by 4ths to further your own research..

Enjoy!

Tony

Silver 02142011 - Elliot Wave

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

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!