Silver has a roughly 33d mean daily cycle and a monthly roughly 100d cycle. Monthly cycle can be 3 or 5 daily cycles. Only want to be long Silver during both the daily and monthly up cycle.
Yellow on this chart indicate the COT commercial traders going from short to neutral then back to short as price goes down into a bottom then rises again. They as market makers are rarely long, because spec's and small traders are long. Click on SI at : cotpricecharts.com/commitmentscurrent to view silver COT chart.
Yellow on this chart indicate the COT commercial traders going from short to neutral then back to short as price goes down into a bottom then rises again. They as market makers are rarely long, because spec's and small traders are long. Click on SI at : cotpricecharts.com/commitmentscurrent to view silver COT chart.