Tuesday, November 9, 2010

SLV Update

Earlier in the day I said that 3C was picking up on the short covering and confirming the trend, but there was one chart that may have suggested a pullback (see below).

It seems the chart may have been correct as we are now seeing negative 1-5 min divergences that are solid and 10-15 min that are just developing.


If you are interested in the SLV trade either way, email me and remind me and I'll keep an eye on it to see if we see buying into the pullback.

6 comments:

meeeee said...

Also the DAILY and HOURLY ***(EUR/USD)*** chart where the BLUE MOVING AVERAGE line have crossed the PINK and YELLOW lines seem pretty ACCURATE too Brandt.

Can you PLEASE give us (DAILY) updates using the DAILY SPY chart and the DAILY and HOURLY ***(EUR/USD)*** charts. Thank you BRANDT.

Yes, I REALLY like the DAILY and HOURLY ***(EUR/USD)*** chart where the BLUE MOVING AVERAGE line have crossed the PINK and YELLOW lines seem pretty ACCURATE too Brandt.

meeeee said...

BRANDT. I am trying to find the EUR/USD Spot rate TICKER SYMBOL.

Is there is TICKER SYMBOL for (EUR/USD) or an equivalent SYMBOL for (EUR/USD), sort of like the (SPY) symbol they use for S&P.

Thank you.

JC said...

MEEEEE, you will have to go to a forex site that has live action of these trades.

www.forexcharts.net

Brandt said...

MEE here's a free realtime currency charting site.

http://www.fxstreet.com/rates-charts/currency-charts/

You can also try FXE for the Euro.

meeeee said...

Thanks BRANDT.

Brandt said...

No problem MEEE