iShares Silver Trust
Short
Updated

SLV Continuing Consolidation

106
The Head and Shoulders look continues and the measurement shows that a move to around 16.16 is in the cards. Seems like silver is always in a correction/consolidation phase. Quite the opposite feel that we have in stocks where any little dip is immediately bought. Bought some puts when I posted the head and shoulders item. But remain very long both physicals and LEAPs.
Note
16.40 closed out the puts snapshot

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