TVC:SILVER   CFDs on Silver (US$ / OZ)
This seems to be very to the books. The larger (Yellow Count) wave 1 extension from the larger 2 (yellow) puts us in the blue range of 1.161 -1.165 for wave 5 of the lower level (green count). This range is also consistent with the 0-3 extension level of .618 from the 4 of the green count. This is also right in line with the trend from the larger daily.

Wave 5 may shoot up to the top line of the channel drawn, or to the dotted white line within it to complete the impulse.

As always, this move up could be over and we could be headed down.
Comment: The finish of this green count (subdivision of yellow count) could just be a C wave, which would end a large ABC and start a trend down.
Comment: Looking good so far. Very early to tell though:


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