Our preference: SHORT positions below 21.95 with targets @ 21.2 & 20.6.
Alternative scenario: The upside breakout of 21.95 will open the way to 22.45 & 23.
Comment: as long as 21.95 is resistance, look for choppy price action with a bearish bias.
Wednesday, September 25, 2013
SILVER (Spot) intraday: the downside prevails.
Pivot: 21.95
Our preference: SHORT positions below 21.95 with targets @ 21.2 & 20.6.
Alternative scenario: The upside breakout of 21.95 will open the way to 22.45 & 23.
Comment: as long as 21.95 is resistance, look for choppy price action with a bearish bias.
Our preference: SHORT positions below 21.95 with targets @ 21.2 & 20.6.
Alternative scenario: The upside breakout of 21.95 will open the way to 22.45 & 23.
Comment: as long as 21.95 is resistance, look for choppy price action with a bearish bias.
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