Options Wonderland

[loanwolf]

SLW - In my biased opinion I believe going back to end of '08 beginning of '09 is enough of a trendline for "the herds" as it was the beginning of a new uptrend as well.

CCI I was referring to what seems a historical elevation of around -20 for support/resistance as shown on chart (link back if you care lol)

I will agree to disagree with you then, I see near term upside in Silver and SLW and $39 area for $Silver and $38 for SLW.

I left my MAY 10 notes on this chart as I still believe it to be oversold but was humbled two days later at the time.

We'll see what happens here on the week...........

$SILVER - Daily Candlesticks