Silver (SI) Tries Reclaiming Weekly Chart Downchannel Resistance

…in the headline above. Week’s Top 3 Trades includes technical analysis on: Silver (SI) + Gold (GC) + Week’s Top Trade (Wheat) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is also ava…

Silver (SI) Reclaims 61.8% Fib Retrace of Mar-Sep Slide

…above. Today’s Top 3 Trades includes technical analysis on: Metals/Energy (Silver | Gold) + Today’s Top Trade (Natural Gas) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an instituti…

Silver (SI) Retesting 50% Fib Retrace of Mar-Sep Slide

…above. Today’s Top 3 Trades includes technical analysis on: Metals/Energy (Silver | Gold) + Today’s Top Trade (VIX) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutional inv…

Silver (SI) Consolidates Just Below Key 20 Level Ahead of FOMC

…above. Today’s Top 3 Trades includes technical analysis on: Metals/Energy (Silver | Gold) + Today’s Top Trade (Cocoa) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutional i…

Silver (SI) Tries Halting Slide Towards 2022 Low

…above. Today’s Top 3 Trades includes technical analysis on: Metals/Energy (Silver | Natural Gas) + Today’s Top Trade (Nasdaq100) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an inst…

Silver (SI), Gold (GC) Bounce off Upchannel Support on Daily Chart

Silver (Wkly/Dly/4hr/Hrly) Charts

…ease Register/Login to view the complete edition of Today’s Top 10 Trades. Silver (CME SI Mar15) Weekly/Daily/4hr/Hourly SI rallied nicely on Friday, bouncing off the upchannel support (in the daily chart) and is now approaching a downchannel resistance line (in the 4hr chart). On the weekly chart, SI appears in the middle of a downchannel, exposing substantial potential upside as well as downside. Momentum-wise, SI is looking fairly bullish with…

Silver (SI) Testing Descending Wedge Resistance on Daily Chart

VIX (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. Silver (CME SI May15) Weekly/Daily/4hr/Hourly SI closed slightly higher Friday after a bit of downward pressure throughout the European session. SI continues trying to reclaim former upchannel support (on the weekly chart), and is testing descending wedge resistance (on the daily chart). Once the daily chart’s descending wedge resistance line breaks, 17 appears to be the ne…

Silver (SI) Trying to Reclaim Upchannel Support on Weekly Chart

Silver (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. Silver (CME SI Mar15) Weekly/Daily/4hr/Hourly SI rallied into yesterday’s European session only to selloff later on profittaking, largely triggered by US Dollar strength. SI continues trying to reclaim former upchannel support (on the weekly chart), and is sitting roughly on the resistance line from the downchannel that it had broken above earlier in January. SI is also app…

Silver (SI) Bounces off Descending Wedge Support on Daily Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. Silver (CME SI Mar15) Weekly/Daily/4hr/Hourly SI strongly bounced yesterday off of descending wedge support (on the daily chart) and downchannel support (on the 4hr chart) following Janet Yellen’s comments. Although SI had broken upchannel support (on the weekly chart) earlier this week, yesterday’s rally places it back just barely above this upchannel support. Weekly RSI,…

Silver (SI) Consolidating Above Upchannel Support on Weekly/Daily Charts

Natural Gas (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. Silver (CME SI Mar15) Weekly/Daily/4hr/Hourly SI spent much of yesterday consolidating recent gains, as it is now bumping up against the 17.5 horizontal resistance level (seen in the daily chart), and the downchannel resistance line (on the 4hr chart). With weekly and daily MACD still bullishly positioned, the new uptrend SI sits within (as seen on the weekly and daily char…