June 27, 2011

SLV Intraday Update

  • SLV Daily time frame is testing an important support level.
  • Price closing below 32.76 will favor bears.
  • Price continue to stay below 50 and 20 day moving averages.
  • SLV will continue to trend down if it stays below 20 DMA and below 32.76 level.
  • S&P 500 WEEKEND UPDATE

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