SLV 1 min recent accumulation
SLV 2 min accumulation and one of the strongest ares seen in awhile.
SLV 5-this could possibly turn in to a positive divergence where SLV may make for a decent entry on the long side.
SLV 10 min. A leading positive divergence
SLV 10 min is in line today with the price trend
SLV 15 min, leading positive divergence and in line today with prices.
SLV 15 min 3C depth chart, shows this to be one of the shallowest troughs since Feb. 2011
SLV 30 min showing a relative positive divergence
SLV 60 min, another relative positive divergence.
You have to be aware of the COMEX risks when trading the PMs, but SLV may offer a decent low risk/high probability entry soon.
Is interest rates about to start going up?
-
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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