Possible scenario: going to form a flag pattern, recent high at $48 is the flag pole, recent descent is in search of lower side of flag. Significant levels to watch in next couple of days: $36.4 and $32.71
Showing posts with label SLV. Show all posts
Showing posts with label SLV. Show all posts
Wednesday, May 4, 2011
Thursday, December 2, 2010
Silver ETF (SLV) chart analysis
SLV is right now at upper end of its 2-year trading channel, with dollar rebounding from early November lows, SLV's downside potential is more than upside ones.
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SLV
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