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.
5 years ago
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.
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