SI1! I told earlier late longs will suffer .. classic dump after parabolic .. short covering made it increase exponent but no organic demand from consumer or industry .. industry which uses look for alternatives to silver , may be the next best conductor of electricity but they won’t increase input costs by 100% and pass it to their customer ..There is no demand at this price even the product is good
E-mini Silver Futures (Jul 2027)
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SI1! I told earlier late longs will suffer .. classic dump after parabolic .. short covering made it increase exponent but no organic demand from consumer or industry .. industry which uses look for alternatives to silver , may be the next best conductor of electricity but they won’t increase input costs by 100% and pass it to their customer ..There is no demand at this price even the product is goodSI1! I feel overstretched .. weekend profit taking will be there .. also which industrial users will buy at these levels .. other than short covering there will be no users which creates liquidity issues .. I feel it will calm down or drop
SI1! will 64-65 level hold then 68-70? I see here potential correction.
SILVER1! Lawrenceswami what could be the rejection level for Silver?SI1! Like I told early longs and late shorts are going to win .. people join in mid /end of squeeze will never succeed that what history says
SIL1! watch out below.SI1! Late and weak longs are going to face a devastating blow if not managed risk .. we all knows silver is liquidity vampire .. so it gets down abnormally .. manage risk properly especially if you enter after 60 .. early longs are good and they got a once a life opportunity
SILVER1! Silver near exhaustion, Bears will come for a short term rally !
SILVER1! take a break bro
Stop this F rally. I'm getting margin calls