Many viewers informed me they harvested Gold (GLD) positions due to the quiz (see quiz chart) and many took positions to score on defense on the flag/OBV breakdown in SLV (See post here). I have received a large number of emails asking to update these patterns…
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For those that own ZSL due to the flag/OBV breakdown, this pattern still looks favorable, as SLV looks to be creating a series of lower highs at (1). Patterns in JJC/FCX continue to look weak and could impact SLV. Would remain short SLV unless if finds a way to break above resistance.
