Showing posts with label SLV. Show all posts
Showing posts with label SLV. Show all posts

Wednesday, May 4, 2011

Silver ETF (SLV) chart analysis

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

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.