lqiantobe wrote:Anyone has the comments on Silver?
here is long term close to resistance zone, still under bear trend long term. what is your time frame?
How about short-term? Is the rebount over?
for intraday yes looks like a turn is at it's early stage, trades below 31.35 sell first ask later type, but there should be good support at 30, trend is up still.
Thanks BB~ I brougt AGQ, but I thought it's near the top, isn't it?
yes, on 5min. suggest unload also.
My comments are for entertainment/educational purpose only. NOT a trade advice.
lqiantobe wrote:Anyone has the comments on Silver?
here is long term close to resistance zone, still under bear trend long term. what is your time frame?
How about short-term? Is the rebount over?
I wish I knew with absolute certainty...however, look at daily chart and see what happened in the recent past
when SLV closed 2 days in a row above the upper BB band. I have 31.17 as the top of the BB band as of today.
From an astro point of view, Weds and Thurs have a Venus Moon conjunction, which is positive, so it may hold up the market till Thurs/Fri. But it looks like the correction could start next Monday...???
are u familiar with gann360? how is their tracking record? i have heard it's a group of chinese in north america. is that true?
I don't know where he lives or who he is, but he is a very good technical analyst. Been following him, has good fib charts.
BullTart wrote:Check it- history of NegD on the RSI in the VIX daily...
We are building one up right now. Doesn't happen too frequently... one of those 2-3 times a year event.
Just sayin' ... protection is dirt cheap given the context of the situation.
HI BULLTART
Please clarify did u mean neg diverg or pos diverg on RSI daily? thx
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullTart wrote:Check it- history of NegD on the RSI in the VIX daily...
We are building one up right now. Doesn't happen too frequently... one of those 2-3 times a year event.
Just sayin' ... protection is dirt cheap given the context of the situation.
HI BULLTART
Please clarify did u mean neg diverg or pos diverg on RSI daily? thx
I meant PosD not NegD... my bad for the typo.
It's pretty clear on the charts what we are setting up for.
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