SLV trade ideas
slviI'm going to phase out of long before this hits 16 and look to reenter in 14s. Or get back in if it breaks out.
BEWARE OF THE BEARTRAP!!!!DON'T let this down-worth movement fool you.
Look at the positive divergence on the RSI...
Time to buy...?
06-28 SLV Chart (by Got Goldies)Who doesn't like that inverted head and shoulder? And look at the new green bar babies being born.
06-16 Silver Chart (by Got Goldies)After the 3rd bottom on the double sliding inverted top Silver should start flying.
SLVToo easy... but don't put all of your eggs in one basket. Leave one or two out to make breakfast with.
06-13 Silver ChartDepending on how you you look at this drop.."panick or backtesting" of the black channel.
Expecting a Top in PMsA few days ago I stopped out of a short miners position, but I'm still expecting an intermediate level decline in PMs. After that decline, it will be a very good time to go long.
I will watch these carefully and may decide to short silver. I think the chance is decent for a consolidation then "one last pop", similar to the 4/13 candle. Then when silver drops, it drops like a rock.
Due to Gold's relative strength in the sector, I believe it is not the ideal short candidate. Maybe it has more geopolitical demand as big countries gradually move to replace the dollar reserve currency.
SLVWill be buying some silver if it comes down a bit more. Watching to see if it retest this temporary bottom without falling through it.
05-18 SLV Chart shouldn't look liek this #2 (by Got Goldies)By now you are addicted to my charts...and see dejavu again.
