Wednesday, February 21, 2007

SLV long


As I noted in my post yesterday, SLV was setting up for a possible short or long. The long set-up was triggered and I went long on the downtrend break near support levels. My long is at 139.20. Price has shot up right into trend line resistance(see 240 min. chart). I would exit long positions here if price can not penetrate resistance.

No comments: