xavier102772

SLV in Descending Triangle Pattern

Short
AMEX:SLV   iShares Silver Trust
Looks to be at the top of the triangle and probably rolling over and headed lower. If it drops below the 7 or 13 day SMA, this would be a good short trade. I wonder if it'll head all the way to the $13.30 level? Guess we'll see what happens in the next few days.

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