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Wednesday, May 16, 2012

Bullish Reversal in Silver Occurring Now

Published by Charleston Voice, 05.16.12, 12:25 PM

Yep. This is it.....finally. The Daily RSI has NEVER touched this level in at least the last two years. Right now the price is sitting at a support line. We could still get a spike down to test it, but the overall greater damage is concluded. The all-time Weekly RSI (at least as far back as 2002) low came back in 2008 at 29.1993 while right now we're perched at 33.4438.

Got silver?
As always free charting @NetDania
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