New Trades Pending: SLV (Long), RKLB (Long), QQQ (Short) Focus on Silver Stepping away from the geopolitical uncertainty this weekend, Silver stands out as offering substantial intermediate term rewards to the upside. Below are three SLV charts, three different time frames, all of which are suggesting much higher prices coming in the weeks and months ahead. We have previously taken positions in July and/or August SLV calls and today I'm recommending September expiration for all traders, targeting SLV $40 and $45 in the next 90 days. Buy on any strength in Silver this coming week, if SLV is down, wait for subsequent strength: It's coming. SLV Weekly The Weekly SLV model triggered A Buy Signal on the close Friday as SLV broke out of a horizontal parallel trend channel going back to the October 2024 Wave 1 high @ $31.80. Target on this longer term model (as well as intermediate and short-term models) is $40-$45. SLV Daily This Daily Model is our default trading model for the Premium Service and it has a breakout pending @ $33 for next week. If triggered, we will be adding Sept expiration calls in both the Premium and PRO trading services. SLV 120 Minute Key trigger: The 120 minute trading model also triggers a fresh Buy Signal above $33.00. A gap or spike up should be acted upon with Sep calls. The SLV targets for the next 90 days are $40 to $45, which means the Sep 19th $35C will be up between 5X and 10X from current prices. Risk: 50%; Reward: 400%-900%. Silver Futures - Monthly Confirmation for a $10+ move coming on the Silver Futures Long Term Chart, not helpful for trading options, but eminently helpful for assessing the big picture, which is up and possibly way, way up. Friday's Into The Close Charts - Updated RKLB 120 Minute QQQ 120 Minute Active Options PRO Service Premium Service
