How would you like to be short silver today with magic number resistance at $35 closing fast?
I mean there’s gotta be a number where the knuckleheads in charge are going to start seeing profound defections. (i.e. short covering – Bank of America we are calling you … you idiots)
A two-day close over $35 would signal a progressive interval buy signal to $40. And a two-day close over $40 would signal a move to $50.
Put that in your pipe and smoke it.
Chuckle … choke … chuckle