Counter Trend Bounce Signal For Silver

Today at the close a counter trend bounce signal was issued for Silver (SLV) from the Twitter stream. This signal comes from fairly high levels of sentiment with a four month confirming uptrend line. The short term down trend line has been broken to the upside which creates the signal.  Recent signals in the precious metals space have been short lived so be nimble if you trade against the trend.

Here’s a post with details of how we use Twitter and StockTwits to trade stocks.

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