Short term swing idea. MACD and Bollinger Bands seem indicate more upside on this bounce in silver. I have a $20 target in mind for a 2-3 day swing.
I am looking for a $19.1~ area target to the downside. Small stop for news risk. It has broken out of range to the downside before but quickly recovered. I plan on reversing this position to a long at some point as I believe the November data will be weak and will therefore remove the possibility of a near-term taper. The horizontal yellow lines are the...
SILVER COUNT (there was a mistake in the previous count, take this one)
Bull market blowoff occurs around 2017
Bottom 80% area of wedge should be the low for silver, early to mid 2014
$SI_F $SLV Silver is working on an inverse head and shoulders formation
Like gold, silver is holding just above an important level (blue line). When somethings holds just above support without bouncing, it is usually a sign that the support will fail. If silver fails, it will trade down to $19.
WE ARE now touching the 21 week vwma,, I expect 21.80 to hold for, long term still a bit short 89 week ema is about to cross the 200 weekly sma, caution on long calls... may use a nadex bull spread to straddle
Not a Long or Short Pattern. Half Moon Marked Dead High or Low Going In To Next Full Moon. System = Wait for Half Moon Daily Bar To Close, Wait for Next Days Bar To Close, Trade Silver In That Direction with Stop 1 Tick Above the High Or Low of The Half Moon Bar. NO Need for Smart A** Remarks. It's not my Primary System...It works until it Doesn't for a...