An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
Friday, January 20, 2012
Silver proxy SLV
The 50 day moving average (shaded area) has been pretty important as a resistance and support zone for silver. Today SLV is boinking up above it on a frisky looking move. That has been expected as NFTRH targets have been 31 and potentially 34 for Ag. What comes next? Lots of things in motion. Everywhere.