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xavier102772
Jan 6, 2018 6:46 AM

SLV in Descending Triangle Pattern Short

iShares Silver TrustArca

Description

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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