Silver has had a nice run, but it looks like that's beginning to reverse. COT is also showing large net short positions for Commercials.
IWM is looking to break the downtrend from the recent pullback. Looking for a retrace to 199 - 201 range.
SMH has formed an Inverse Head and Shoulders Pattern. Looking for a bounce to 169-170 if it can close above the neck line. Trading this with SOXL if pattern confirms.
