- SLV Hits the resistance line which was discussed below.
- Now price is not showing enough momentum to breakout above the resistance line.
- Break below the dotted line can be used to go short.
- TODAY'S ASCENDING TRIANGLE OF SPX UPDATED
- SLV Hour chart with the channel.
- Price is moving up towards the resistance line.
- Price staying above the dotted support line will favor bulls. Bigger up move will be possible only if the resistance line gets broken.
- GAP at 36 level will also act as resistance.
- RIMM CHART ANALYSIS