Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
Silver's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
The Evolution of the Trade has been consistent, specific, and accurate about silver. We labeled the setup as a frustration phase. The frustration phase told us to ignore Reddit or #silvershortsqueeze movement until the bearish energy build was released.
It's the main reason why I often wrote that silver was going to need a lot more firepower to "disrupt" than Gamestop ($GME).
Where does silver stand today?
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