Silver - Still some way to go

8 Tem 2016

The move from 49 to 13 was a wave 2 or B and unfolded as a zigzag and the rally from 13 is impulsive. Wave 1 completed at 18 followed by wave 2 which ended at 15.82. The ideal target for this smaller degree wave 3 that we're currently in is 22.87 (1.618 * wave 1).

Below 18.25 would invalidate this count.

8 Tem 2016

Not

Correction move from 49 to 13 was obviously not a zigzag as it started with 3 waves.