Wash, Rinse, Repeat: SLV (silver ETF) once again offers an objective long entry on this most recent pullback to the 20.50ish support with positive (bullish) divergences in place on the 60-minute time frame. My preference for a stop on this trade is to allow enough room for a relatively brief undercut of this support, as long as the divergences remain intact. Initial price targets shown at the arrow breaks with the potential for additional targets to be added, depending on how the charts develop going forward. SLV (silver ETF) and /SI (silver futures) 60-minute charts below.
SLV 60m Sept 14th
SI 60m Sept 14th