Be a Battlefield Tactician; Chess Moves

I sold a piece of the USLV long at $24.70 from my $22.26 entry yesterday noted in this blog post. I am raising my protective stop-loss to my entry on the rest of the position. On the whole, I continue to be impressed with the action in the precious metals and miners complex. Still, it is wise to the big, fast gains when we have them because a new bull market is still far from confirmed, and therefore volatility is expected to continue even if they are morphing from losers into winners. Let's see how the SLV ETF negotiates the 100-day moving average, pointed to with the yellow arrows below on the daily chart.