Tuesday our Seeker tool flashed a sell signal for silver. This was the first sell signal since it correctly identified the top in August last year. A short was called and delivered via our messenger to alert traders to short triple leveraged AGQ<70.67 or the 1x SLV<35.47. The trade triggered and over the course of only about 60 minutes the AGQ moved $10 in our favor.
Here is a 15 minute chart of the AGQ with the trade trigger and subsequent price action:
Below is a look at the daily chart showing the Seeker sell signal generated Tuesday for the AGQ. The candle with the red number 13 and red arrow is the sell signal that alerted us that the trend was ready to change from bullish to bearish:
