Silver Trust Ishares -SLV -Daily - Time at Mode -Uptrend Started
Silver has been in a long, bear market decline and having 7-days at every level on the way down... and then recently having only 5-days at each level before pushing a new low.
This current rally is the best one in awhile and it is barely off of the floor here. The 16.60 level has 6-days and the close is above that 16.60 level, which is suggesting that there is a chance for some upside to the $17.50 level.
The way to confirm this advance is to have tomorrow entirely above $16.60. Then we'd have 6-days to reach $17.50 to confirm this uptrend.
Tim 16.73 last 4:48PM EST 10/13/2014
This current rally is the best one in awhile and it is barely off of the floor here. The 16.60 level has 6-days and the close is above that 16.60 level, which is suggesting that there is a chance for some upside to the $17.50 level.
The way to confirm this advance is to have tomorrow entirely above $16.60. Then we'd have 6-days to reach $17.50 to confirm this uptrend.
Tim 16.73 last 4:48PM EST 10/13/2014
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
