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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Unsuspecting Winners

chessNwine Thu Aug 28, 2014 3:18pm EST 4 Comments

pictures_of_the_day_10

Headed into September, it is tough to think of two more unloved charts than silver and one of the volatility ETF’s.

And yet, on their respective zoomed-out 30-minute charts, below, you can see the potential for rounded bottoms for a surprise rally into September.

I am flat both but actively considering building a position in them as early as tomorrow or next week,

See you after the bell for my video market recap.

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SLV

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UVXY

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4 comments

  1. ecchymosis
    ecchymosis
    August 28, 2014 at 3:20 pm

    Hi Ho Silver (Great picture)

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  2. Randomness
    Randomness
    August 28, 2014 at 3:36 pm

    A few days ago took some otm calls on uvxy cheap as a hedge only.

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    • 0 Deem this to be "Fake News"

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