Moses . . . Daily RSI on Silver futures. It was 20 abt 11/19 at a price of 19.74 and a RSI of 26.85 at the recent low of 18.98 . . . It takes time for the process of making a bottom. I think the bottom is in, but we should know for sure in the morning. But the RSI diversion usually only on 5th waves, in this case the 5th of a C wave in the retracement that runs down from 22.85 to 19.98, so far!
Off to a good start! looks as if the 20.38 will be the first minor (i) and 22.24 the first (I) of this Wave 3 up. Often Wave 3s will = in time the total time of W1 and W2 or 160 days, 160 days from yesterday points to about May 9th - - 12th at about 33.00. . . Just something for Williams and Melodias to think about