nmike
Long

SLV.......CLONING TECHNIQUE

BATS:SLV   ISHARES SILVER TRUST
510 9 8
At present we have SLV             at the top of current channel.At this point I outlined 4 basic possibilities.If one day SLV             closes
above the top channel then you can CLONE another channel and place it above.

nmike MOD
4 years ago
...so far SLV is following path 3 or 4
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nmike MOD
4 years ago
.... SLV is following path 3 or 4 ...short term bearish
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nmike MOD
4 years ago
>>>>following path # 3...currently neutral...
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nmike MOD QuantitativeExhaustion
4 years ago
good analysis, the key is a break out of the yellow channel :)
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I agree and a retest of the prior trend line you have drawn. Eve and Adam acsending double bottom ... extremely bullish
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