Click on Chart to EnlargeI am recommending exiting the short on SLV immediately today. There is a powerful bullish divergence on the hourly chart couple with a reversal from below a prior chart support. With the move being so dramatic and large, I think there may be some consolidation for a period even if the trend continues down.
Trade Action:
Exit the SLV trade today with a market order. The blog exit is 33.45 at the time of this posting
No comments:
Post a Comment