Technical Analysis With Charts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis With Charts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Davy Crockett who wrote (3341)	11/20/2006 9:17:52 AM
From: Davy Crockett	Read Replies (1) of 6865

hmmm... looks like I was correct in my analysis:) for now<gulp> Lets take a look @ Silver --> just reading off the indicators IMO the chart suggests that Silver has some significant resistance to chew through at $13.25. The Macd is starting to roll over, again like GOLD, & the ADX is at a low level suggesting a non-trending market, so if that is the case then watch oscillating indictors such as slow stochastics which have turned down from overbought levels. IMO this Silver chart looks a little bit better than GOLD. I would be a seller here if the 5 day crosses below the 21 day & with confirmation by the +dmi crossing under the -dmi. My best guess is a sideways market for at least a short period of time All FWIW only...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next