Market Curiosity: Exploring Markets And Systems

July 21, 2013

A little silver update… (update 1, July 22)

Filed under: Just Watching — Tags: , , , — Jeff Fitzmyers @ 9:23 pm

+ Bullish percent is finally rising.

BPGDM weekly july 21 2013

+ SLW is leading the $silver price. Supposedly that means a rally has legs.

SLW silver ratio daily july 21 2013

I have always preferred SLW. Well, it looks like FSM might be better.
+ SLW declined lower than FSM on multiple time frames.
+ FSM’s rise over the last month or so has been about 5% higher than SLW.

FSM SLW july 21 2013

I’m currently long FSM SEP 2.50 calls.

FSM daily july 21 2013

Update July 22: So far incorrect in assuming FSM will outpace SLW. After first hour of trade, FSM +2%, SLW +6%

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