college_trader
Short

$SI_F $SLV Short

COMEX:SI1!   SILVER FUTURES
216 1 0
I am looking for a $19.1~ area target to the downside. Small stop for news risk. It has broken out of range to the downside before but quickly recovered. I plan on reversing this position to a long at some point as I believe the November data will be weak and will therefore remove the possibility of a near-term taper.

The horizontal yellow lines are the retracements from the August 7th low of $19.10 and the August 28th high of $25.12. It saw a consolidation within the current levels before rallying on the past news of continued stimulus.
college_trader
3 years ago
Sweet.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out