SILJ Above All Moving Averages On Monthly Chart
April 9, 2024
SILJ, the metals, and miners are all on fire again today. We are making huge gains near 4% on our portfolios nearly every day the last 6 weeks, often more than that. I am not surprised, and even added to MXROF, Max Resources is a junior explorer in Colombia with a potentially very large silver/copper/zinc deposit. Here is what the SILJ looks on the monthly chart, now trading above all the moving averages, still with plenty of upside potential! The miners make it difficult for late buyers to get in, as they wait on the sidelines for a dip that never comes, or when it does, it doesn’t last more than a day or two. Go back to my previous post on the rally that occurred in 2016, to refresh your memory.
