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David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
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  • SILVER IN FOCUS 0 comments
    Jun 14, 2011 2:30 PM | about stocks: AGQ, SLV


    Scott Pluschau is a Contributing Editor to the ETF Digest.

    Scott was a financial advisor with Citi. His technical analysis report on the Nasdaq Composite Index was recently featured by Dr. Marc Faber in his June 1, 2011 Gloom, Boom & Doom report. Scott earned his degree in Accounting and Taxation from Pace University. He lives in Long Island with his wife Ilona, daughter Olivia and new baby Henry.

    Let’s take a look at the Silver Exchange Traded Fund symbol SLV again.  It was back on May 5th, 2011, that I did a write-up on SLV that can be found here.


    I mentioned at that time that markets rarely make V-tops and there is a good probability that once we have a new balance area form in the intermediate term time frame and it can breakout to the upside the highs will be tested again. I also felt that there would likely be minor support in the $33-35 area.
    ...READ MORE

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    Stocks: AGQ, SLV
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