Friday, December 7, 2012

12/7 SLW update

Silver Wheaton held support yesterday and is rallying strongly this morning above the important green support trendline. As mentioned previously, I expect SLW to reach the red resistance trendline near $39 (Marked X) in the coming week(s) before falling to the $32 for a final Wave (2) low.

I setup a paperTrade account with the CBOE this morning for the purpose of establishing a track record. I initiated several position, which will be posted shortly.

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