Xytruin

Xytruin

I've been promoting a bearish outlook for a few weeks now and was unpleasantly shocked when due to geopolitical events, Silver suddenly skyrocketed. Still holding my Put Option. Silver is now approaching a long term trend line, along with a FibCluster between approx. 17.43 - 17.87 with the Daily and Weekly StochRsi OverBought. My strategy indicates that it...

Xytruin

With 4H StochRSI Oversold and Turned Bearish, and StochRSI Weekly and Daily still declining....and price sitting at 50% retracement of last down move, I am still bearish. My next target is around 16.00-16.05. Must stay tuned!

Xytruin Updated 

In critical Fib retracement resistance zone, to determine if this is the 3 of a 12345 impulse or the C of an ABC retracement. I'm currently a long SIU17 1725 call option, (entered on 7/12/17 at 15.99) but watching to see if it can rise above this zone to hold or sell. I see 3 possible paths it will take.

Xytruin

I've been rooting for the bulls all month. Shifted today. Sold my Call for a nice profit and now looking to buy a put. Silver shot up to the Trendline this morning and retreated. The StockRsi on the Weekly is now overbought, on the Daily it just turn crossed bearish in the overbought zone and did likewise on the 4hr and 1 hr chart. Waiting for this hour to...

Xytruin Updated 

Looking at elliott wave and fibs, could continue deeper into retracement or rebound now. Buying future call now with belief it will start heading up now or in near future.