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	<title>
	Comments on: Swing Trade Ideas 7-17-19	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-7-17-19/#comment-6772</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 18 Jul 2019 14:32:15 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/swing-trade-ideas-7-17-19/#comment-6767&quot;&gt;Gilad&lt;/a&gt;.

Sure, I trade /SI as well. Here&#039;s a 2-year daily chart which shows /SI (minor zigs &amp; zags aside), looking good up to about the 16.475 level before any significant &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt;. Keep in mind that would be about another 2% from here while I have a very solid resistance/target on SLV around 15.27, which is only about 1.4% above current levels. It has been my experience that some ETFs, such as GLD &amp; to a lesser extent, SLV, have become so large that it is a case of the tail wagging the dog. In other words, inflows &amp; outflows to the big ETFs can affect the prices of the underlying &amp; even more so than the futures, which isn&#039;t usually the case with many commodity ETNs &amp; ETFs. As such, I will either be closing out my /SI swing position if/when SLV approached that target or at least tightening up my stops to let it ride.

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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/swing-trade-ideas-7-17-19/#comment-6767">Gilad</a>.</p>
<p>Sure, I trade /SI as well. Here&#8217;s a 2-year daily chart which shows /SI (minor zigs &#038; zags aside), looking good up to about the 16.475 level before any significant <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr>. Keep in mind that would be about another 2% from here while I have a very solid resistance/target on SLV around 15.27, which is only about 1.4% above current levels. It has been my experience that some ETFs, such as GLD &#038; to a lesser extent, SLV, have become so large that it is a case of the tail wagging the dog. In other words, inflows &#038; outflows to the big ETFs can affect the prices of the underlying &#038; even more so than the futures, which isn&#8217;t usually the case with many commodity ETNs &#038; ETFs. As such, I will either be closing out my /SI swing position if/when SLV approached that target or at least tightening up my stops to let it ride.</p>
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		<title>
		By: Gilad		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-7-17-19/#comment-6767</link>

		<dc:creator><![CDATA[Gilad]]></dc:creator>
		<pubDate>Wed, 17 Jul 2019 19:28:39 +0000</pubDate>
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					<description><![CDATA[hi randy.i trade the futures on silver not the mining stocks.can you please advice on the futures with some charts if possible.thank you]]></description>
			<content:encoded><![CDATA[<p>hi randy.i trade the futures on silver not the mining stocks.can you please advice on the futures with some charts if possible.thank you</p>
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