Since 2011, SLV has remained inside of a well defined falling channel.
(Click on image to enlarge)
This chart looks at Silver ETF (SLV) over the past 7-years. Since 2011, SLV has remained inside of a well defined falling channel.
For the first time in years, SLV is breaking above this 5-year falling channel at (1). Its been a long slide for SLV, nice large weekly move, as it took out dual resistance.
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Wishing each of you in the states, a healthy and Happy 4th of July weekend, Chris
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