The SLV 22 Calls from yesterday yielded a gain of +95% for a day.
The GLD May 10 $130 Calls yielded a gain of 93%
As for the charts, my belief is we have much more upside to go, but that it's also probable to re-enter these positions at a lower cost basis than what they were just sold for, adding additional profit.
SLV intraday was losing momentum.
The 1 min chart was a little less than in line, but then shifted to a more negative position just before it went lateral and then started a decline.
SLV 2 min with the positive that was one of the charts that convinced me to enter and a negative making me think we get at least a gap fill.
SLV 3 min also positive yesterday, a good entry signal and a negative today, a decent short term exit signal, it looks like we sold right at the high of the day.
SLV 5 min is negative, but not that bad so I think we can re-open the position at a better cost basis on a pullback as long as there's 3C accumulation.
GLD intraday was losing momentum...
2 min intraday 3C was negative
The 5 min is similar to SLV, we have the same gap.
I know a lot of you did very well, I hope many more did just as well.
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