Wyckoff trading method, page-1403

Sorry I forgot to look at Silver GF.....

The Silver Futures price has recently broken out above an axis line @17.115 (which is nice).
At this point in time price may just accelerate away from the danger zone, or come back and test the strength of the breakout.
The last bar does show a reasonable increase in volume, and on that volume the spread narrowed quite a bit, this to me, increases the chance that price will come back and test the breakout (not guaranteed, just increases the chance of it happening).
So overall, yes the Silver price looks promising at the minute, but still has more work to do before it looks really strong.......
CME Silver Futures 12hr chart


cheers