SHORT SILVER - near term target $18.50 Short

Description

⋅ Aug 18, 2022 8:12 AM

Would look at any bounce as opportunities to go SHORT around 19.75
Put options on ETF - SLV
Broke below moving averages in downtrend
MACD Negative
HUGE divergence on MACD -BEARISH
Rising Rates
Slowing Economy - Recession
Demand Imploding

Trend Analysis Technical Indicators SIL1!Silver SLV