I think SLV may be a decent intraday trade, maybe even a bit more...
SLV with a positive divergence yesterday sending it higher today, it's been in confirmation thus far today, probably feeling a little pressure from the strength in the market, but that should reverse shortly.
The 10 min's chart right now has a slight leading positive divergence...
The 15 min chart is the kicker, this is a pretty long leading positive divergence, so I would not be surprised to see SLV move higher from here.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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