Silver Wheaton Corp. (NYSE:SLW) is a leading worldwide silver streaming company. This stock will usually trade higher when silver the commodity trades higher. Silver Wheaton stock is coming under slight pressure today as the stock has faded from it’s intra-day high. Traders can watch the $34.82 area for short term intra-day support. This is an area where scalp traders can look for small intra-day bounce.
The i-Shares Silver Trust ETF (NYSE:SLV) is trading slightly higher today by 0.04 cents to $29.68 a share. The SLV will have short term intra-day support around the $29.40 area. Scalp traders can watch this level for a small intra-day bounce.