Browse Symbol Stacks: $SILVER: $silver daily with fib.png

$silver daily with fib.png

Comments

TombTomb
This is a f/u to AGQ chart I stacked 10 days ago. Just in case anyone else buys into this approach and the idea of a longer term bullish move in the precious metals I wanted to put this up as well. I mostly use leveraged ETFs to trade BUT I use the source chart to determine Fib levels or target levels (not the leveraged charts). So in case of silver I will likely take profits on my AGQ position when $silver is just about at the lower green line at 38.2 % retract which also is about where there was a gap down. Please let me know if this is of any interest. Have a great rest of the week and weekend. Tom B 7/11/13
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