Loading ...SLV AND SILJ
IMPORTANT RESISTANCE RIGHT HERE
IS THIS JUST A BACKTEST OF A H AND S BREAKDOWN
OR WILL IT BE A FALSE BREAKDOWN ?
SILJ IS ALSO AT SOME RESISTANCE (50DMA)
BUT IT HAS OVERCOME HORIZONTAL RESISTANCE AND JUST BROKE OUT OF A H AND S BOTTOMING PATTERN
TSI IS FRIENDLY…..TIME FOR CAUTIOUS OPTOMISM IN THE BOB TRADE
To quote from the BTO song, “Ba Ba Ba Ba Baby, you ain’t seen nothin yet”!
sold my SILJ yesterday (notpatient enough) and will buy back on the retest
Fully, good charts. This is a tough one for SLV. It’s a good start. Getting above the neckline, then the 50 day MA,And finally the 200 day MA what clincher for me.
I don’t know if this is real or not. As a trader I bought the retrace in JNUG and now have to decide whether to go into a three day weekend…