SIH13 – March Silver (Last:33.010)

My trading advice is to find something else to trade, since the price swings have been psychotic.  Not that that poses any particular problem for us — only that there are more relaxing vehicles at our disposal. Two things to notice about yesterday’s whoopee cushion ride: 1) if you blinked you missed it; and 2) the apex, a classic bull trap, failed by a hair to surpass a key external peak at 33.930 recorded on 12/3.  This type of action is both gratuitous and malicious, but it leaves the impression nonetheless that Silver is bound and determined at the moment to go anywhere except boldly higher.