iShares Silver (NYSE:SLV) – on buy signal.
As anticipated, silver is now on a major buy signal, ending the sell signal form 2011.
Speculation continues to pullback.
Silver is on a new major buy signal.
Short term is on buy signal.
COT data does not support higher prices overall, caution is advised.
Disclosure: We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
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