Walk with me through these Silver and SLV charts below. It's a bit early to declare the year-to-date Wave 4 correction over, but it sure it looks to be getting close. Spot Silver 2-Day A beautiful ABC Wave 4, but Silver needs few back-to-back big up days, above the downsloping red resistance trendlines to announce the beginning of Wave 5 to new all time highs...and then some. SLV 2-Day SLV 240 Minute I placed the blue Buy arrows on today's gap-up Open in both SLV charts above. Let's see if it sticks. If so, we can see quite the rally into the end of this year, and another potential 10-bagger in SLV calls. Sep SLV Calls Oct SLV Calls Option Trade Plan I want to be holding SLV calls now, Sep and/or Oct expiration. The more Silver up days in a row, the stronger the case is for Silver to reach triple digits in the months ahead. The next leg up should be a doozy, but its only 60-40 that its has started now. When it gets to 75-25, we can be more aggressive in accumulating calls.
