Bottom Established in Silver (SLV)...?
SLV held the 17.77 ($18 Fib lvl) and has put in a near term base
with nice heavy volume. Volume is dropping, but if the OBV
can start trending up, we might have found a BTM.
Lots of resistance looking up, but a good upside with your base
@$18 established. Ending QE-Inf and economic concerns may
provide the upside momentum, along with longer term supply
contractions with the beginning of mine closures.
with nice heavy volume. Volume is dropping, but if the OBV
can start trending up, we might have found a BTM.
Lots of resistance looking up, but a good upside with your base
@$18 established. Ending QE-Inf and economic concerns may
provide the upside momentum, along with longer term supply
contractions with the beginning of mine closures.
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