Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 11, 2013
SLV Weekend update
SLV Daily chart has closed above 50 Day SMA.
Weekly chart is yet to break above the descending channel. Price need to stay above the channel for a bigger up move to happen.
Weekly MACD is showing a bullish cross, for this one to perform well price need to stay above the channel shown in 2nd chart.
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