SIN10 – July Silver (Last:18.250)

There are numerous corrective patterns in motion right now in different time frames, including one on the hourly chart that has yet to establish a point ‘C’ high (but A=18.725, B=17.920). I suggest watching abc midpoints on the hourly to determine whether a bullish turn is at hand. If so, the downward progress of any such pattern should be visibly impeded at the hidden  ‘p’ support.  Bulls could cease splitting hairs if the futures pop above 18.810 today, since that would turn the lesser charts unambiguously positive.