IC50_50

long ZSL

Long
IC50_50 Updated   
AMEX:ZSL   ProShares UltraShort Silver
Looks like a small bottom to me. Entry at 8.16, Target 8.5+
Comment:
Just as expected, the Gold cycle low is due, after this lower low/ lower high. We can confidently long Gold till next Feb. The initial uptrend is subtle, so the best timing will be gold breakout higher later on. In the meantime focus on stocks. Target almost reached, trailing stop or take profit from several patches.
Comment:
also, 8.7 maybe the top for ZSL if you are patient. Cheers.
Trade closed: target reached

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