SLV
$SLV Lines Up Potential Bull Market Trend AheadSLV put in a perfect candidate for a long-term cycle low with the dive under $12 in March because it sliced through stops for even the most committed longs, leading to a world where metals are strong and stimulus is through the roof, forcing those same victims of the liquidity crash to stampede back in.
Bulls shouldn't hang on under $13.75 at this point.
Rising support holds for Silver. Another test of 18.90 on deck?#Silver with a nice break out of the falling wedge this morning. Rising support from the March low held nicely. Price really needs to get above 18.18 for another run to 18.90. The next test of 18.90 will be the third since February. $SLV