SLV Weekend update

• First chart shows the weekly trend line of SLV above which bulls are safe.
• Second chart shows price struggling to hold on to the 20 week moving average. If closes below it convincingly price may start to decline towards the 50 week moving average.
• Third chart is the daily time frame with 20 day and 50 day moving averages They are aligned bearishly. Price has managed to stay above 20 DMA But a rally if happens will find resistance at 50 Day Moving Average.
• Last chart shows the range of SLV in daily time frame which is from 31.97 - 37.90. And the stochastic indicator is hinting a possible down move towards the bottom of the range in the coming days.

          WEEKEND CHARTS

• FORD MOTOR CO TREND LINE BREAK
  
• BEARISH ENGULFING OF IWM