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Shared the above chart with Premium and Sector Sentiment Extreme members of late….the chart above reflects key falling resistance is at hand in Silver ETF (SLV) and Silver Wheaton (SLW) and bullish sentiment toward Silver is getting rather lofty.
The chart below, published on 7/19, reflected Silver was due at least a 10% rally, due to the Power of the pattern and low bullish sentiment. (see 10% rally due post here)
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Silver did rally the expected 10%+ coming off the bullish pattern and low bullish sentiment. The top chart now shows SLV and SLW are now at vulnerable positions!!!
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