Tuesday, June 21, 2011

Silver looks like it's going to give back some

We talked about this earlier, here's an updated set of charts for SLV

 SLV 1 min in a leading negative divergence toward the close

The 5 min chart is in a negative divergence.

Look for SLV to give some back. This may be Euro/Greece related via the typical inverse relationship with the dollar.

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