Tuesday, October 5, 2010

Do you wanna know what a wall of worries is?..

...Then you should take a look at the next chart:













After silver reached new all time highs, now sky is basically the limit! But...take care, negative divergences
are appearing in the daily chart and this may lead to a correction. Luckily we have a trend follower that will
warn us when one may sell. Current trend follower SLV's stop limit value is set at 21,59. Below this value one may think about selling silver, just to have some caution. Then a new buy value will be calculated...


Have fun trading silver 'cause its hot!
Bye.

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