The Dow completed a small degree impulse from Tuesday afternoon's low. As long as 10734 holds, we can expect new recovery highs to above 11000 by early next week. This would complete an impulse wave that is most likely minor wave 1 of C of (Z). Thereafter, a 2 to 4 week pullback which holds above the 5/6 low should follow.
The optimal buy point for intermediate trades will be coming out of the secondary pullback. Again, this is assuming the 5/6 low is not penetrated.
Gold and silver may hold up until the current stock market advance completes, but it is not a certainty. The count in silver is rapidly approaching a terminus. I would expect silver to turn down first or coincident with gold.
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