This Past Week In Silver

In all periods silver is giving sell signals. However, Open Interest is gradually rising – giving hope there is a reversal in the not too distant future.

SLV – on short term sell signal.         

On long term sell signal since 2011, but prices now approaching 200ema support.

Speculation pulled back, but what has been a problem is falling open interests.

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We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

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