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Re: 100lbStriper post# 1601

Tuesday, 09/18/2012 1:49:55 AM

Tuesday, September 18, 2012 1:49:55 AM

Post# of 6242
Hi 100lbStriper, good to hear from you. :)

Here is the SLV daily pivot-point chart:



I remain open to the possibility of SLV tagging and/or closing below its 8 DEMA, 10 SMA, and possibly its 20 SMA, the middle of its BB. I would be very happy to see it tag the 24-26 level but it will have to get below its 20 SMA first. The above-mentioned levels could be key support levels if and only if SLV holds above those levels and its indicators turn around positively. :)

Disclaimer: My comments are for educational purposes only and are not meant to be considered as trading or investing advice.

Good luck on all of your trades.

Best,

Bob

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