Silver London P.M Fixed and the COT Futures and Options Open Interest Stochastic Weighted Average
Silver’s moderately negative money flow setup doesn’t necessary negate its hidden potential. A controlled market tends to follow certain money flow patterns. These setups are often described as bullish and bearish on EI. Bullish and bearish setups tend to produce rallies and declines, respectively.
Silver (SLV) and the Commercial (C) Less Nonreportable (NR) Traders COT Futures And Options Stochastic Weighted Average of Net Long As A % of Open Interest
These setups, however, can unexpected outcomes when a market becomes uncontrollable. For example, a bearish setup can produce a bullish outcome when the chains of paper control have been broken, and vice versa. As long as gold exhibits clear signs of breaking its chains of paper control, the assumption that silver remains “controllable” may no longer be valid.
Silver remains a tempest in a teacup flying quietly under the world's investment radar screen.
Headline: Silver may be better bet than gold
According to Cowie, the Commitment of Traders report “says buy silver.” The fewer open positions on silver there are, the more bullish the set up because there are “loads of potential buyers out there who haven’t entered the market,” he explained.
Source: marketwatch.com
