Tuesday, April 12, 2011

Major Distribution Day for Silver ETF's

Huge volume last two days in the  SLV,  77million on day of reversal and 68 million on this distribution day. Looks like we are in for more selling, probably till late Friday. 
Almost 2x normal volume and a minimal loss equals distribution, and thats not bullish short-term. Looking to add around 244. 

No comments:

Post a Comment