Silver - Now Ready For An Upside Breakout !

Just a quick note this evening.

In the precious metals space today, it is noteworthy that gold prices fell sharply while silver prices actually finished higher on the day.

I think silver may be the commodity of choice right now for an upside breakout from here through the rest of this year. If I am right, of course, silver mining shares represent the greatest potential for monster-like capital gains.

Silver ETF (SLV) Daily Chart with Computer-generated Buy & Sell Signals

Silver Mining Shares ETF Daily Chart (SIL) with Computer-generated Buy & Sell Signals

Silver ETF (SLV) Weekly Chart with Computer-generated Buy & Sell Signals

Weekly Chart Sell Signals Triggered for U.S. Stocks

Just a quick note today relating to the U.S. stock market...

Official weekly chart sell signals were triggered by my computer trading system in most major U.S. stock market indexes and several key individual equities at Friday's close, March 8th, 2019.

Weekly chart sell signals were triggered in the following stocks and indexes:

S&P 500 (symbol SPX), S&P 100 (symbol OEX), Nasdaq Composite, Nasdaq 100 (symbol QQQ), Russell 2000 Growth (symbol IWO), Nasdaq Bank Stock Index (symbol BKX), Biotech ETF (symbol BBH), ADBE, ALL, AZPN, BAX, CGW, CMCSA, CREE, CTAS, FAANG Composite, GM, GWRE, HON, INTC, LMT, MET, MMC, MRK, MRVL, SBUX, SYK, and UPS, among others.

Attached are weekly charts of key benchmark indexes and ETFs with computer-generated buy and sell signals reflected in each:

Bank Stock Index Weekly Chart (BKX)

FAANG Stocks Composite Index Weekly Chart

Russell 2000 Growth ETF Weekly Chart (IWO)

S&P 100 Index Weekly Chart (OEX)

 

S&P 500 Index Weekly Chart (SPX)