Exclusive Silver Update Shows Speculative Liquidation Continues
Silver is on a major BUY signal.
Major signals can last for months and years and are suitable for long-term investors.
SLV is on short-term sell signal.
Short term signals can last for days to weeks and are more suitable for traders.
Speculative liquidation continues.
Summary
Long-term – on BUY signal.
Short-term – on sell signal.
Cycle is down, a correction is in progress.
We have taken profits and will buy back upon the completion of a correction.
Disclosure
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.
We also provide coverage to the major indexes and oil sector.
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