Sunday, March 25, 2012

SLV: Tightening Stops

On the weekly I have a nice entry but the channel is only mildly down with some major sell offs and then an up trend.  This has now ticked two red weeks without the major sell off.

On the Daily we have a doji down to low 30s with a bounce.  Still below the EMs but there's still a change of a rally up to the 13 EMA.  I'm going to tighten stops here.

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