September Silver traded into the 60% sell window–beginning at 40.43–and reached a high of 40.61, before the projected reversal date kicked in, turning the market lower. Along with reaching the 60% sell window, Silver was also testing the descending parallel line resistance while forming a possible bearish TR (Trend Reversal) pattern. The A confirmation of the reversal date and TR pattern would trigger a sell signal and begin a new price decline. In short, the current upward trend in Silver may be coming to an end and may set up a swing trading opportunity. I will have updated information on the latest issue of the TMV Swing Trade report.

September Silver - click to enlarge

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