12 days ago the “Power of the Pattern” reflected that a great price point was at hand to short Silver in the “Hi Low(er) Silver post and suggested aggressive investors would want to pick up shares of ZSL. (see post here)

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The first flag/pennant pattern saw SLV lose over a third of its value in less than 2 weeks.

Suggested to short Silver at (1) in the above chart  and so far the breakdown in SLV and SLW are reflecting that long investors in Silver are along for a very rough ride! 

Ole Doc Copper/FCX was sending a bearish message last week in the metals complex (see post here) and a similar message is being sent again by  SLV/SLW, per global softness is at hand. 

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