Silver (SLV)–01-04-2011

January 4, 2011 at 10:46 pm · Filed Under Bearish, Swing Trades, Value 

SLV Weekly Chart

Silver posts obviously always apply to SLV, AGQ, ZSL, and any of the various silver futures.  Gold and silver have been on a rampage lately and have accelerated over the past quarter and a half, as seen on the weekly chart above.  You’d be suicidal to go bearish now, but this could get interesting if it keeps brewing.  Hopefully the bulls will continue to run wild a little longer and we’ll get a nice crash sometime in 2011.

Comments

One Response to “Silver (SLV)–01-04-2011”

  1. Sen on December 17th, 2015 1:10 am

    Hey Jay, I am not holding any LEAPS optnios on C currently cause my time frame is with the next 6-9 months.Anyway, C closed at $4.27 and after hour trading went to $4.25, barely 3 cents from day’s opening and more than 10 cents from the day’s high. This looks like a primer for a short term pullback