It was another huge down day for all the markets we track. The S&P 500 was down 2%. Our Euro system made more money, because the Euro was down. The British Pound was stopped out for a modest gain. It turns out that the 6/6 silver signal was right on the money, with silver dropping over 2% as well. I have another fresh signal to sell silver which generated 17 wins out of 22 trades for 77%. The symbols are SIH10 (future) and ZSL (ETF). However, ZSL is leveraged, so be careful! It opened yesterday at 4.22 and closed at 4.40. After all, it is a leveraged short silver fund. I looked for a non-levered ETF, but I couldn't find one. Maybe a reader knows of one. If you do, please share it.
Have a great day!
Short Euro ETF EOU Entry Price 18.49 Stop: 18.84 Last: 19.28
Short Euro EUH10: 144.97 Stop: 143.07 Last: 140.79
The British Pound was stopped out for a modest gain:
FXB Entry Price: 160.88 exit: 161.27
BPH10 Entry Price: 161.06 exit 161.75
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The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
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