Silver intra-day in a tight channel, low risk
buy at the low, and maybe a 'Hammer' at the close today plotting a
fake break of the 'Ledge' and a final shakeout/? ...
As of now 'Ledge' Support has been breached, along with key
ratio support lines, will be interesting to see where it closes on
the day, but a brutal decline down towards $10, would relieve a lot
of frightened Silver holders of their stash....
Gold Silver and Miners under pressure again. But rememebr there
is the qtryly options expiration today, and may be why the Greece
debacle has had little or no impact.
A 'Straddle' may be a good option as Silver decides which way to
go, if it loses the ledge then $10-11 will come into view, as it
would have failed the breakout that was stumped by the 50/Week
MA.
The daily SLV is at the lower BB with divergences so as I say a
'Straddle' may be the safest bet here...
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$Silver - Latest...
Posted by saturn6 on 7th of Jul 2015 at 12:47 pm
Silver intra-day in a tight channel, low risk buy at the low, and maybe a 'Hammer' at the close today plotting a fake break of the 'Ledge' and a final shakeout/? ...
Where do you think...
Posted by saturn6 on 7th of Jul 2015 at 10:08 am
...it will end up?
GDX - Latest...
Posted by saturn6 on 7th of Jul 2015 at 09:57 am
Failed at the down-trend line (Blue Dotted) and the ratio upper channel line and RSI resistance line...
Silver is down 3.3%!!!
Posted by saturn6 on 7th of Jul 2015 at 09:55 am
Don't Sweat...Remember its 'Smack-down Tuesday'
As of now 'Ledge' Support has been breached, along with key ratio support lines, will be interesting to see where it closes on the day, but a brutal decline down towards $10, would relieve a lot of frightened Silver holders of their stash....
Debt = Bondage...
Posted by saturn6 on 7th of Jul 2015 at 05:47 am
Greek Debt Explained...
http://www.globalresearch.ca/greece-the-one-biggest-lie-you-are-being-told-by-the-media/5460508
Make sure to watch the video too.
SLV - Latest...
Posted by saturn6 on 6th of Jul 2015 at 01:54 pm
See if it can crack the upper line and 10/MA...
GDX - Latest...
Posted by saturn6 on 6th of Jul 2015 at 01:38 pm
Back-testing the 'Triangle' and the ratio to GLD on the second chart needs to breakout of the down-trend channel...
SLV - Latest...
Posted by saturn6 on 1st of Jul 2015 at 04:58 pm
At the low of the 'Wedge' and Ledge support along with Ratio supports...
GDX - Latest...
Posted by saturn6 on 1st of Jul 2015 at 04:51 pm
'H&S' almost at its objective, while ratios at potential supports...
While all eyes on Greece...
Posted by saturn6 on 30th of Jun 2015 at 11:39 am
Will Puerto Rico Cause An Inadvertent “Black Swan” Derivatives Melt-Down?
$Silver - Latest...
Posted by saturn6 on 30th of Jun 2015 at 11:34 am
Ooops!!...Sharp reversal from below the 'Wedge'...
GDX - Latest...
Posted by saturn6 on 30th of Jun 2015 at 09:57 am
See if it can bounce from below the lower line of the 'Wedge' and the S2 Support...
Yes!...
Gold
Posted by saturn6 on 30th of Jun 2015 at 09:54 am
Gold Silver and Miners under pressure again. But rememebr there is the qtryly options expiration today, and may be why the Greece debacle has had little or no impact.
A 'Straddle' may be a good option as Silver decides which way to go, if it loses the ledge then $10-11 will come into view, as it would have failed the breakout that was stumped by the 50/Week MA.
The daily SLV is at the lower BB with divergences so as I say a 'Straddle' may be the safest bet here...
Puerto Rico - Who do they owe the money too?...
Posted by saturn6 on 29th of Jun 2015 at 03:30 pm
Not much mention of this in the MSM
Puerto Rico.... can no longer make payments... on its $73 billion in debt,
- according to Governor Alejandro Garcia Padilla,
"The debt is not payable ... there is no other option.
- This is not politics,
- this is ...math,"
Garcia Padilla
Could be...
Yellow Peril...
Posted by saturn6 on 29th of Jun 2015 at 03:13 pm
I am very good friends with my Chinese Take Away owner...Does that help me?
Yellow Peril...
Posted by saturn6 on 29th of Jun 2015 at 03:09 pm
The Chinese are coming...
A must read
Nice Summary of the main sectors Matt...
Follow up on some sectors
Posted by saturn6 on 29th of Jun 2015 at 01:20 pm
I like it.
UUP - Latest...
Posted by saturn6 on 29th of Jun 2015 at 01:18 pm
Struggling at the 50/DMA. Potential 'H&S' too!!...
$Silver - Latest...
Posted by saturn6 on 29th of Jun 2015 at 01:12 pm
Same here!!...
GDX - Latest...
Posted by saturn6 on 29th of Jun 2015 at 01:08 pm
See if it goes up from here and how far...