chart link



There is strength in the BB band width, and the MFI suggests room to move. I also like the 17 week cycle being neutral. Targets ~35 & maybe 48 if the news falls in behind the technicals. Use trailing stops. Watch for the initial move and pull back before you take the trade.

Remember, I am a silver bug and I have been wrong. Oh you noticed?

Best, Islander

the parallel channel from the highs is a bullish pattern. we have @times all been wrong. the short term stuff is for the smart guys. the money is made by being w/the trend until into the parabolic. i am not a silver buff or bug. but, i do think this is going substantially higher in dollar terms.
dharma

Lots of red lines since the parabolic blow off on the daily last spring...

Nice bounce going on with a potential short term double bottom, but the daily trend still looks down to me...

Good luck and good trading.

that was the view that made me add zsl hedge friday AM
I wont overstay my welcome and it could go fast

Drive me crazy sometimes but every time ZSL drops below 12, I'm in. Stop is under 11.

Good luck and good trading.