Sunday, September 25, 2011

Silver YR4 to YPP?

This chart shows the high for the year was at the Yearly R4 Pivot back in May. Price always has a way of coming back to the Pivot Point(P), since that's where pricing is the most efficient. Since YR4 was the high this year, I'm looking for suuport on Silver at the Yearly P(YPP) at $27.42 ish.
update: Silver futures got down to $27.15 the other night :)