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Re: Hi Trades, updated Daily Dec silver/Ronbo *PIC*

And here is the Daily Dec Silver chart. Note the RSI 21 rolling over from clearing the very overbought 70 level. And price is rolling over with it now. Also note the CCI 20 showing a strong negative divergence on the recent rally highs which is a loss of momentum. A pullback here is likely. How much of a pullback is anyone's guess. All the way back to the breakout pt at $30 would be a great set up but may not pullback that far. DX will determine a lot of these 'risk on' trades from here. Next price resistance is $37.50 which is the Fib 50% level but Silver never has shown much respect for the shorter term Fib numbers. It often rallies or falls to the late 70 Fib levels.