Re: The Canary is singing! - Ugly day for SLW *PIC*

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In Response To: The Canary is singing! - SLW vs. Silver *PIC* ()

Silver Wheaten started the day well enough, along with Silver, but fell almost 3% going into the close. This was a strong divergence from spot Silver, which moved up $1.30 to close at a fresh 30 year high.

The bearish engulfing candlestick pattern on this chart is particularly ominous in the context of such a pronounced divergence. What happens to SLW if Silver happens to correct by so much as a dollar one of these days!? We may find out soon enough...

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Re: The Canary is singing! - Ugly day for SLW *PIC*

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