I'd like to see a retest of support or recent lows to confirm the signal, but so far, Silver looks like something has changed since it turned down in early August.
Wednesday, August 10, 2011
Silver Follow Up
Yesterday in this post I showed you this chart of SLV
The long term hourly chart suggests something may be quickly changing with SLV.
Yesterday we had an intermediate term signal as well
And a short term signal, which is good confirmation and SLV is higher this morning by 3.3%
I'd like to see a retest of support or recent lows to confirm the signal, but so far, Silver looks like something has changed since it turned down in early August.
I'd like to see a retest of support or recent lows to confirm the signal, but so far, Silver looks like something has changed since it turned down in early August.
No comments:
Post a Comment