The SLV is preparing to breakout of a recent trading range between 12-14. The previous high was 14.45 and the premaket suggests an open above 14.50. Bullish up to between 16.00 and 16.50.
6-10-09. SLV came down from 16 and caught support at 14.50 and has bounced back up. If you are long put a stop on a close under 14.45.