SLV into election With the election and fear and intelligence both approaching, smart money will pull out of markets or transfer it into Silver or Gold, two symbolic gestures. With some options activity scanning, these are my predicted lines on Silver. Longby lahirisoumit2
SLV - premarket breakout?Let's see if this holds. Fib at 23.54. Need some follow thru on volume. Longby BobbySpaUpdated 113
SLV on watchSLV still on watch. See previous post. Silver an gold catching a bid in the overnight session so we'll see where it opens tomorrow. I like it above the box for move into dotted line targets. Longby WadeYendallUpdated 335
Silver View in both casesvery reactive to DXY strenght and overall risk More inclined to retest of highs than lows.. but we will see! Positioning according to levelsby jasperpf0
SLV 61.8% retracement complete UPDATE#SLV #GLD Caught the bullish trend lines out of a break to the downside from the triangle pattern. Looking for either a break to the upside or downside. Keep an eye on the #DXY. An increase in the value of the dollar will put pressure on all assets including gold, silver, stocks etcby Three-Bull-Insight0
SLV A Major Breakout Signal?We have a strong dynamic support within this rising channel and we are now at confluence of my three major MA's. Entry signal firing. Let's see how big of a run it goes onLongby DiegoFiboGANNci111
23.5 seems like the pivotover 23.5 we can potentially see some 1000% returns on the weekly calls , again ;) patience ! Longby Vibranium_Capital24
SLV closed at trend lineClosed at just at the trend line and a major confluence point. The trend is clearly down from the 8 hour view. RSI just broke up trend giving a big warning sign. RSI trend breaking is normally a LEADING indicator which could mean trend line break for the price line. SInce this is 8 hour chart it would carry more weight for sure. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose. by hanzhao3110
SLV looking promisingSLV broke out of a 2 week base/consolidation. Could get some momentum going here. Like it long as long as it stays above the box.Longby WadeYendallUpdated 2
Silver island reversal confirmed on 30 minutes chart, for nowI have been bearish on silver since a while ago with a few post outlining negative divergences. looks like we did have a October top as of last Friday. We will closely monitor to see if the trend will continue on the downside, until at least early to mid December...... Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose. by hanzhao3110
Long Silver herefaked a sellout. As usually those fakes are usually followed through with lots of people shorting and/or exiting off Silver. Hence the recent rise in SI, ES, NQ. Those should continue as a "NEW" bullish wave started. This wave should last between now and possible election if it can stretch that long. Long Silver earlier this morningLongby WizdomSeekerr1
OPENING (IRA): SLV JANUARY 15TH 18.5 SHORT PUT... for .48/contract. Notes: Selling some more SLV (30-day at 47.7%), as well as collating my "ladder" into a single post. Will add in a December monthly "rung" once that becomes available, assuming the volatility hangs in there. Collected 1.74/contract in total. Here's the way I look at this trade relative to one put on in GLD: Currently, GLD is trading at 178.16, SLV at 22.65, so GLD is about 8 times the notional value of SLV here. The November 20th GLD 15 delta 184 strike is paying 1.14; the November 20th SLV 14 delta strike at 19. .31 and 8 x .31 = 2.48. Consequently, you're getting more than 2 x "bang for your buck" in risk premium as a function of stock price in SLV than GLD here, primarily due to the differential between SLV 30-day IV at 47.7% versus GLD's 20.4%. by NaughtyPinesUpdated 4
SLV - if it looks like a bear.....This correction has certainly been difficult to deal with. I've outlined two possible scenarios, though I lean more towards the bearish one. If SLV breaks the multi-month (magenta-colored) support line, I'd say we're heading down towards th e~$17.50 level where there is also a volume-defined base. However, if the support holds, we could get a "W" shaped ST recovery and continue the bull trend.Shortby flippedmanUpdated 552
SLV Long over $24.24AMEX:SLV Expecting some trouble ahead at $24.24 but once we clear that, we should re-test $27. MACD crossing over and curling back up points to bullish momentum. None of the content published constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Information provided in this correspondence is intended solely for informational purposes and is in no way guaranteed.For financial advise seek appropriate investment advice from a licensed Industry representative.Longby Mullamaker2
SLV Silver TrustLooks good so far. Right now projecting around ~26 for this move. Could see some extended waves to push it higher. More bearish under ~22.4Long00:53by cryptowaveman5
Breakout or EMA RetestLooks like the wedge is tightening on SLV. If we don’t see a breakout, we’ll retest 50ma and possibly 100ma. Both great zones to buy calls or take long positions. Longby Crosshairs_CapitalUpdated 2
SLV Upside SLV has been taking a beating towards the latter half of September. It gapped down pretty drastically from the 25 range down to 21s but over the last week, it has been building up nicely. I will be watching SLV this week, and hoping for a gap up to the high 23's low 24's. Ideally, we can get some action trapped in the box, like we saw during Aug until late September I think we can get action back up to the mid 25's as RSI looks like it has some more room to run, and received buy signal with MACD. Also price action crossed 20 MA and using 50 EMA as support today.by itsmiguelsol111
SLV - chart perking up again!SLV is back in the top half of the flag and looking to take out multiple FIB resistance from $23.50 - $23.75 or so. Filled one gap and working on the next. That should get us back to $25. I think weakness is an opportunity. Daily indicators all looking good! Longby BobbySpa110
SLV - One more push down before going for a new high?The wave count suggests we should see one more push lower to finish a 5 waves drop as part of wave (c) of higher degree wave ((iv)). A drop below 21.60 could get things on track and we finally could see price drop for fifth wave.Shortby ElliottWaveBelgiumUpdated 228