here's what I mean - buy limit around 50 MA - currently price is
just below the 50 EMA - now maybe the real answer is between these
two, but I would expect or think a least a dead cat bounce off
or near that MA - the thing is price might not exactly tag
it, only get close then bounce hard, or it could go below it a bit
then bounce - so best to not try and be perfect
and realize - one has to have a handle on emotion - a lot of
emotional now in these moves, not an easy trade regardless but I
would guess odds would favor some sort of dead cat bounce around
that zone - a bounce, NOT a bottom - you treat it as a trade to
take profits off. Realize chart broken - will need a lot of
time to heal now - any good bounce should form a lower high then
come down again - heck maybe retest that $50 area, which I said
would not be long term support - see second image for an
illustration
did anyway happen to take a shot and buy some SLV on that
pullback earlier? I did, while it didn't quite tag the 50 MA, it
was below the 50 EMA, and as you know while you will never pick the
exact top, you also won't pick the exact bottom, so don't try,
close enough is fine
like I said below, you were close enough on SLV - between 50 SMA
and EMA, you can never time those perfectly, - any meaningful
bounce will form a lower high so this would be a trade
only
here's what I mean -
Still dealing with being sick, and now my son
Posted by matt on 30th of Jan 2026 at 01:47 pm
here's what I mean - buy limit around 50 MA - currently price is just below the 50 EMA - now maybe the real answer is between these two, but I would expect or think a least a dead cat bounce off or near that MA - the thing is price might not exactly tag it, only get close then bounce hard, or it could go below it a bit then bounce - so best to not try and be perfect
and realize - one has to have a handle on emotion - a lot of emotional now in these moves, not an easy trade regardless but I would guess odds would favor some sort of dead cat bounce around that zone - a bounce, NOT a bottom - you treat it as a trade to take profits off. Realize chart broken - will need a lot of time to heal now - any good bounce should form a lower high then come down again - heck maybe retest that $50 area, which I said would not be long term support - see second image for an illustration
did anyway happen to take
Posted by matt on 30th of Jan 2026 at 03:27 pm
did anyway happen to take a shot and buy some SLV on that pullback earlier? I did, while it didn't quite tag the 50 MA, it was below the 50 EMA, and as you know while you will never pick the exact top, you also won't pick the exact bottom, so don't try, close enough is fine
like I said below, you
Posted by matt on 30th of Jan 2026 at 03:35 pm
like I said below, you were close enough on SLV - between 50 SMA and EMA, you can never time those perfectly, - any meaningful bounce will form a lower high so this would be a trade only
Thanks Matt, Very useful.
Posted by wschang on 30th of Jan 2026 at 02:31 pm
Thanks Matt,
Very useful.
awesome thanks
Posted by sandiegosam on 30th of Jan 2026 at 01:53 pm
great chart