Description
⋅ ZSL provides a short play on silver as an ETF using futures diversified for times to expiration.
At present, it has a strong up and scores a 6/8 by the Mark Minervini criteria.
A Doji candle a few days ago signaled the end of a brief pullback and so an entry point.
XAGUSD as shown on the thick red line is trending downward.
The RSI oscillator in conjunction with its IIchimoku Cloud shows strong RSI candles
above the cloud.
All in All, ZSL provides yet another way to play the weakness in silver similar
to DUST for the spot gold price action.