This Past Week In Silver

September 14, 2013

In all periods silver is giving sell signals. However, Open Interest is gradually rising – giving hope there is a reversal in the not too distant future.

SLV – on short term sell signal.         

On long term sell signal since 2011, but prices now approaching 200ema support.


Speculation pulled back, but what has been a problem is falling open interests.



We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

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Jack Chan began investing in 1976, and became an active trader in 1998 using technical analysis. He began sharing my trading model with a few like-minded fellow traders in 2001, and the circle began to grow. The teaching and mentoring became a full time job, and by late 2003, he had to leave the family business and launched his advisory service in early 2004. Visit his website at

Silver has the highest electrical conductivity and heat of all metals.