Sold Silver

Our Silver position (SLV) was sold yesterday after it broke support of the last pivotpoint (See the red line marked "Stop Line". It seems to have stopped what was a somewhat organized new trend. Historically silver and the market in general move differently from each other. As of late they have been moving in tandem. I don't think this position is offering enough return potential in the intermediate time period for the risk it is showing. Maybe we will have another day. Made an 8% profit over the course of 25 days.