SLV, another triangle

slv apr 24 2018

Here is another triangle. It suggest that this iShare should go down further which contradicts any notion of the stock market going down. Once again, triangles are usually 4h waves or B-waves, This would be a B. They normally have 5 waves but they are known to extend by increments of 3 waves as in a-b-c-d-e-f-g. This one has lasted a full year and seems to be complete as of the start of February.

For info only, no idea what it means.