Use the arrestingly bullish pattern shown with high confidence in the weeks ahead, since it will allow you to do whatever you please with Silver, whether trading it or smugly anticipating its next move. It cannot miss because 1) it is so beautiful, featuring a spectacularly precise pullback from p=25.58, and 2) we are the only traders in the galaxy who know how to leverage it. The next possible ‘buy’ worth looking at would be a ‘mechanical’ at p=25.58, stop 24.19. Tune to the chat room, as always, for risk-mitigating details in real time. ______ UPDATE (Mar 14, 10:12 p.m.): The big picture pattern (inset), with vast spaces between levels, is intended only for subscribers familiar with Hidden Pivot tactics for greatly reducing risk. In this case, it amounts to about $28,000 on four contracts. A smaller, downtrending pattern, where a=27.39 on 3/9, suggest the low of this selloff will occur at or near 24.63. _______ UPDATE (Mar 16, 11:35 a.m.) As expected, the futures have taken a tradeable bounce from the 24.63 correction target drum-rolled above. The reversal occurred from within three cents of the Hidden Pivot, enabling at least one chat-room regular to report a profit on a partial exit. Whether the support will hold cannot be predicted at present, but if it gives way easily, that would be bearish, considering its compelling clarity. Here’s a chart that shows the bounce so far.
SIK22 – May Silver (Last:24.80)
