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Watching $SLV at this range
Not touching $SLV yet, but it's been interesting to see it bounce around. That move today up to 53.52 felt a bit overextended, especially considering the 52.655 low earlier. I'm keeping an eye on whether it can hold above 53.00 tomorrow, otherwise, this could just be a dead cat bounce before we see another dip.
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I'm with you on that. The volatility today was pretty wild, and that quick bounce felt more like short covering than any real conviction. I'll be watching the open closely tomorrow to see if it finds any support.