I narrowed down the preferred wave count variations from last night to just two: the Minor 2 expanded flat variation #1 as shown below. I have no dog in this fight. The market is just going to keep frustrating the most possible people it seems
And variation #2 still holds to a more immediate bearish outlook:
The squiggle count shows both variations on one chart. The Minor 2 variation of an expanded flat would call for a rally in price at least above the pivot shown by the blue arrow.
Shanghai.
CPCE. Yesterday’s data.
One would think silver would eventually pop higher.
