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Holly! Look At SLV

|Includes: GLD, iShares Silver Trust ETF (SLV), SPY, XLK

As mentioned before, no support at key support level usually means the trend has already turned. SLV:GLD fell like a stone. And at the level, it broke down its mid-long term trend line. Transalation: more weakness ahead.

And for XLK:SPY, it holds up well above 50 day moving average. The break out looks more sustainable after today's price action. This makes traders more confident on this pair. 

And to promote my blog as always: