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Monday, June 11, 2012

SLV : Hanging by a thread.....

>
> Just a quick one on SLV
> . Trend channel is down.....$20 plus minus.....is the bottom....of the channel
> . If $27 breaks on the down side....SLV would get very interesting......
> . If it ever does.....to work itself back up...is going to take a while....
>
> . $32 plus minus $2 is still resistance.....but of it breaks convincingly then we may have a winner on the long....but until then.....channel is down....
>
> Either way....time is on your side to enter to long...
>
>
> Cheers
> Yr friendly neighborhood chartist...
>

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