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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (78361)8/24/2011 4:12:54 AM
From: Hawkmoon  Read Replies (2) | Respond to of 217825
 
Am good with tops n bottoms but in between sucks

Tell me about it.. same here.. But one has to look at the overall trend channel... We could see SLV goe back to $35-37 over time.. and then move up from there and still remain in the weekly uptrend channel.

bigcharts.marketwatch.com

I also look at the slope of the MAs.. to see if they are commencing a "roll over"... and the weekly hints this might be the case for SLV. But still looking at that PSAR uptrend flip..

Ideally, I like to trade off a lower Bollinger Band arm.. Generally strong resistance/support will be found at the upper and lower BB arms in the weekly and monthly chart.

Btw, after looking at the weekly for TNA, it might be time very soon to go long for the potential ride to $65-70

bigcharts.marketwatch.com

Hawk