March 8, 2014

 
  • Silver bears need to close the daily candle below 200 Day SMA for a bigger fall to happen.
  • Weekly chart too shows weakness at falling resistance line.
  • 4 Hour chart shows price below the cloud. Price sustaining below the cloud may lead to further falls.
  • CRUDE Oil Support levels
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore