SLV (Silver) Showing Signs Of Strength

Today the strongest ETF was SLV(Silver) up almost 4%. Most of the commodity ETF's were up nicely today.

Above we have a 6 month daily chart of SLV (Silver iShares). Silver is clearly in an uptrend if you look at the large swings. SLV just recently tested the 200 day moving average and has now broken above the trendline which tells me that maybe this pullback is over. MACD is also about to give a buy singal. There is also a seasonal tendency for Silver to rally this time of year. I'm looking to get long Silver next week. I bought some feeler shares in the afternoon today.