Bullish Reversal in Silver Occurring NowSubmitted by Charleston Voice on Wed, 05/16/2012 - 12:39
Published by Charleston Voice, 05.16.12
Yep. This is it.....finally. The Daily RSI has NEVER touched this level in at least the last two years. Right now the price is sitting at a support line. We could still get a spike down to test it, but the overall greater damage is concluded. The all-time Weekly RSI (at least as far back as 2002) low came back in 2008 at 29.1993 while right now we're perched at 33.4438.
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