Looking for Short Squeeze in Silver
Looking for Short Squeeze in Silver
By Mike Paulenoff, www.MPTrader.com
By Mike Paulenoff, www.MPTrader.com
My pattern work in the SLV (iShares Silver, ETF) points to a "squeeze" of the shorts above Oct-Dec. resistance clustered between 10.50 and 10.65, which should occur in the upcoming hours... and which should trigger upside acceleration towards 12.50. No chart at this time.