Tesla the Russell versus the ES silver

COMEX:SI1!   Silver Futures
7.31.23 In this video I wanted to talk about the Tesla which has a chance to move lower since it still has Sellers and it's hanging out at the 382 reversal. If I had to pick a market to short... the ES versus the Russell....I would be looking for a short trade on the Russell which is Trading in a range as opposed to the ES which is trending higher.... not really showing ranging type behavior. The gold and the silver Are definitely showing you strength.... but I wanted to take a look at a 135 short trade on the silver daily chart Factoring in risk... and showing you the perspective of larger and smaller time frames.... and stops... and triggers. I wouldn't take a short trade in silver if the daily bar is at a high for the day... unless I waited for the next 4-Hour bar in the next hour and 30 minutes...And I'm still not clear if I would short it it's the next bar showed it to bar reversal to go lower. And this is okay because I wouldn't buy it at the high of the day and I can use the alert for the next 4 hr bar.


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