10th Aug 2011–Here I come again… ZSL!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
13.80				12.92

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. A double bottom at ZSL in its weekly chart.
2. SLV chart pattern seems to display weakness.

 

Lesson Learnt:

 

1. This is a very hard to trade ETF because SLV is a hard to trade commodity in general.

 

Intraday Chart

Historical Chart