Risk/reward compelling and silver has greatly underperformed gold.
Warning shots over the bow, not direct hits...yet
$64 stop. Risk/reward compelling
Coupled with $DB, something smells weird in EU land.
Massive trend break and momentum was crushed.
Potential scenarios once the triangle is broken. Though as price approaches the apex of the triangle the signal becomes less meaningful.
The further into the apex of the triangle we go the less likely this is a continuation flag. That said, RSI on the LT SPX is still stunningly bullish. As is LT trend.