Silver Price Update Exclusive

May 6, 2017

Both silver speculation and OI are collapsing.

Silver is on a major buy signal since early 2016.

Major signals can last for months and years and are suitable for long-term investors.

SLV is on short-term sell signal.

Short-term signals can last for days to weeks and are more suitable for traders.

Both speculation and OI are collapsing which is encouraging as the froth from four weeks ago is now history. Next week’s data should be even more compelling as selling accelerated this week, with silver dropping 14 straight sessions.

Summary

Long-term – on major buy signal.

Short-term – on sell signal.

The spike down should be over soon.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

www.simplyprofits.org

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The word ‘silver’ originates from the Old English Anglo-Saxon word 'seolfor'

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