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raydvlpr
Jan 15, 2021 1:01 PM

SLV Inverse SHS in making Long

iShares Silver TrustArca

Description

PM has been consolidating for months and looks like we are close to the next leg (hopefully up). Inverse SHS is in the making for SLV and I won't be concerned ST unless the low of 12/07/20 $22 lost

Comment

With the short-term silver squeeze spike up & down, silver is still on its trajectory and the technical is intact. Look if it can complete the move ($26) on the weekly close and then above $27.5 for a safer trend confirmation
Comments
Investroy
Interesting chart, much appreciated!
raydvlpr
@Investroyllc, 👍
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