of stock market psychology
SteveOn the May Silver futures, from this morning high of 46.04, that appears to be five waves down on the 5 min chart. Don't know if that is an aberration or a valid wave structure within the greater structure. Thank you for expressing your thoughts, they help bring clarity!DennisP
Hi Dennis, I see silver futures in a rectangle with another internal up wave to complete. The decline from 46.04 completed a 3-wave which is the 4th internal. Once the rectangle is complete the downtrend will resume.