Alright folks over here to look at Silver silver futures This is the March contract si h two two, of course, you can play this using SLV or a GQ the ETFs that track the silver mark. Now we’re looking at a high probability seasonality based trade here into the last few days before Christmas. And you can see that right around here at the end of the year, we get a strong move to the upside. And this is based on the 515 and 30 year historical price averages does not mean that it’s going to happen again this year. But it looks to be shaping up here’s the precise data starting on around December 21. Holding through to the end of January about a 40 day counter trade 86% win rate. So lots of good solid data there. And if we take a look at the chart and the technicals you can see that we have come down here, this is the daily chart we’ve come down here into nice support structure here into this 2222 Quarter area, starting to kind of move back. starting to roll back to the upside here with putting in a little 123 Bottom first targets are going to be up here at the 24th area that coincides nicely with that 200 day so we are looking to get long here. Well let we’ll let this day finish up to see if we can get a solid close above this number two level, but we’re looking to run it up to about 24 as far at first for first targets. Next targets will be the 25 quarter to 25 Half leve
Technical damage done
A lot of technical damage done today across the board….however these types of moves can set up some absolutely beautiful trade ideas for the rest