SLV closed today at 29.43 and triggered a new buy signal. The new sell trigger is positioned at 22.60.
Technically speaking, the SLV chart isn't yet so good as the trend follower points. I see the stochastic near a buy cross, so care must be taken. The RSI shows no negative divergence, which is a very good thing. The MACD has also inverted its course and is now rising again.
Tomorrow will be an important day in order to see if the uptrend is back again.
Take care,
JAPO.
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