It took buyers all of three days to gnaw through heavy resistance at the 90.165 midpoint Hidden Pivot of the pattern shown. Adding to the challenge was the 92.015 peak recorded on Feb 4. It had served as a stop-loss for a ‘mechanical’ short from 10 points lower that I had suggested paper-trading to gauge the strength of the uptrend. Although Friday’s rally did not impale p, which we would have taken as a sign that more upside to d=116.43 was very likely, bulls made such short work of it that there is little doubt the target will be reached. For now, however, let’s use p2=103.298 as a minimum upside projection for the near term. It should show enough stopping power to get short, if only briefly, but I am recommending the trade only to subscribers who know how to manage the risk by using a small-interval trigger (aka ‘camouflage’).
$SIH26 – March Silver (Last:93.825)
Posted on March 1, 2026, 5:14 pm EST
Last Updated March 1, 2026, 10:29 pm EST