SLV at support ready to bounce

SLV at support ready to bounce

SLV is at support, sitting on the 50 day ma, and a rising trendline (A) that has held during it's move up starting in mid-August. If SLV breaks below trendline A, then the next target would be ~16.6 at trendline B. A break below trendline B and we're headed to 15.8. Also watch for a crossover of the 20 and 50 day ma's in about 5-7 days.

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