Those MA crosses have sure have a major effect on the stock price down since the beginning of 2007. But looky there, way down in the lower right corner. Are those bullish crosses I see?
I see why ~.90 is such a tough nut to crack. Penetrating that downtrend line, then probably restesting it on buyers' remorse, hopefully won't take too long. I'm getting antsy.
Also looking forward to a crossover of that 200 dma at about 1.75 down the road. That should really produce some fireworks.
Watching today's action, I see some selling at that .90 level, right on the downtrend line. Expected behavior, but rather dumb I think. Seems rather absurd that silver only being up .35 today would make people want to sell ECU. Oh well. Hope they choke on their short sightedness.
Terry