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Wednesday, September 24, 2014

Silver's chart looks a little histrionic

SLV:


I think I noted a few days ago that silver can usually only puke for 3 months at a time before it has to pause and catch its breath.

Well, with an RSI(14) of 13.7, I don't see where it's going to get the energy to keep it up.

Hey, maybe it does, but I'm skeptical now.

Especially since this week is opex.


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