Silver dropped 2.81% Monday, and is down 9.84% over the last two days.
History suggest some kind of bounce is due for Turnaround Tuesday.
Looking at the thirty best matches to such a two day decline over the last thirty years,
finds those thirty matches 25-5 on the following day for an average gain of 1.66%.
See the attached for the one page details.
Wayne Whaley’s commentary/studies are intended solely for commentary subscribers and/or participants in Witter & Lester’s trading programs.
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