Tuesday, October 15, 2013

iShares Silver Trust (SLV)


ishares Silver Trust (SLV) and the ABC pattern
"B" level is still intact since we have a current low above the "last key level"
Focus on the next trading days, we need to break above that red arrow (resistance)
Blue arrow = Gut feeling
PS : Still bearish on the markets

1 comment:

Anonymous said...

Hello Moise, good to see you online :-)
Indeed the PM charts and related stocks look rather nice (ready for a breakout... likely up). What could be the reason for the PMs stocks not to have participated to the recent market rally? Shouldn't have the debt crisis been all good for the PMs? if default, PMs are the only safe havens; if debt ceiling is again increased, should be good for PMs too... Tx for letting know your pov? Bertrand