Silver (SLV) has triggered an Intermediate Term Sell Signal. This is counter-intuitive as it seems more logical for precious metals to rise in times of uncertainty. But Silver is unique in that it is part precious metal, but also part industrial metal. That makes it vulnerable to economic conditions. On the other hand, none of that matters to us, we trade price patterns exclusively. Intermediate Term Sell Signal: SLV (13.75) Option: Jun 15th $14.00P (1.04-1.05) --------------------------------------------- Intermediate Term Sell Signal: HYG (78.57) Option: Jun 15th $78P (3.35-3.45) ------------------------------------------- If you did not Buy VXX calls yesterday it is not too late to do so today. These are the most attractive (to me), showing today's prices and gains:
