The Cullen Outlook: Finally! Silver Starting to Break Down

March 2019 Silver:

  • GSIH19: Standard
  • SILH19: Mini (1/5 size)

In a trade that seems like it has taken forever to get going, we finally might be onto something here. The RSI NAILED IT!

On Tuesday the 8th, we went SHORT 2 minis at 15.70 as the RSI was up over 70 and began to roll over.

  • Last traded: 15.42
  • +$560.00 on 2 minis (+$1400 on standard)

Time to reward the market and move some stops or take profits if satisfied. Well done to all those participating!

  • Move stop from 16.00 to 15.61 (just above the overnight high)

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Have a look at the move in March 2019 Silver that hopefully continues:

March 2019 Silver Chart
March 2019 Silver Chart

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