This Past Week In Silver

November 29, 2014

Silver is on major sell signal since 2011.

ishares silver trust 28-nov-2014

SLV – on buy signal.

silver spot price 28-nov-2014

Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead.

Summary

Silver is on major sell signal since 2011.

Short term is on buy signal.

COT data is not available at time of update this week.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

Silver Phoenix Twitter                 Silver Phoenix on Facebook