Key Upside Silver Level To Short
The iShares Silver Trust (ETF) (NYSEARCA:SLV) has had a great run in 2012. Many traders are wondering when it will start to collapse back down. The key is to look at the chart. By looking at the chart you can discover key entries and exits on longs and shorts that will make you millions.
Connect the highs from 2011. Drag that line all the way down to the current time frame. That is your target on the SLV. Once the level is tagged, a short can be taken.