TAKING PARTIAL PROFITS ON SILVER (SI), (SLV)
Taking partial profits on silver futures (SI) at $36.90. Equivalent in silver ETF (SLV) is $35.95.
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Taking partial profits on silver futures (SI) at $36.90. Equivalent in silver ETF (SLV) is $35.95.
In view of the three day weekend, we are concerned about short covering this afternoon and on Monday in Europe and Asia. Our plan is to lighten up a little bit. We will exit the tranche on GLD from this morning entered at $182.10 right here at $182.45.
Added to silver futures short at $41.70. Equalent on silver ETF SLV is $40.60.
Adding to our silver (SI) futures short position at $41.50. Equivalent on silver etf (SLV) is $$40.43.
Short selling silver futures at $43.40. The equivalent in SLV ETF (SLV) $42.20.
We are taking partial profits on our short silver futures trade SI right here at $37.65. Equalent on SLV is $36.70.
Aggressively short selling silver futures in the range of $49.30 to $51 on all up spikes.