Friday, June 3, 2011

Silver Update

 PSLV 1 min leading positive divergence

 PSLV 5 min leading positive divergence

 SLV 1 min positive leading divergence

SLV 5 min positive leading divergence.

To be clear, these are short term charts that reflect short term moves, so nothing is changing about my Macro outlook for silver, but in the short term they may be an opportunity to make a few bucks on a silver bounce. It's held up well this morning and is positive in 3 timeframes and leading in 2/3.

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