After scaling out of the short SLV last week for a scratch trade, today we re-entered on the short side.  See the analysis from earlier today here: http://steadytrader.wpengine.com/a-look-at-silver-after-last-nights-crash/

After SLV gapped down this morning we went short on a 50% retracement of the open gap, at 44.98.  Today's earlier low near $43.50 will be target 1 (T1).

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