Silver (SLV)
There are three reliable trading systems set out on the chart below, all pointing bullish for Silver and SLV calls in the months ahead. Our Intermediate Team Term Trend Model is on a Sep 20th Buy Signal, while out EW Model is coming out of a Wave ii of 5 low and about to accelerate up in a Wave iii of 5 to new highs. At the same time, Both Silver and SLV are teetering on a breakout above a six-month long horizontal trend channel. What is missing? A trigger to buy calls, both near term and longer term for the coming move. That will come in days ahead, likely in a mid-week Alert. It's all condensed into one easy to understand chart.
SLV
Using this confirmatory analysis from earlier this year, we have garnered exponential option returns with a series of options purchases in GLD and PLTR in our Blue Line Premium and PRO Trading Services, as set out in the charts below:
GLD Calls (Blue Line Premium)
PLTR
Arrows represent 2024 combined Buy Signals from first PRO Service, than later in the summer Premium Service, as PLTR accelerates up from $5.92 in late 2022 to $40 entering the 4th quarter, 2024. What's next? Check the chart.
PLTR Calls (Blue Line PRO - 2024 Trades)
We will be monitoring Silver Futures and SLV closely in the days ahead, looking for our trigger into near term and intermediate term calls. As an aside, a similar set-up is now developing in Bitcoin which we have successfully traded with options on BITO in the past. It's likely both Bitcoin and Silver will follow the lead of GLD and PLTR option trades described above.
On Option Trading
Excerpt from Oct 5th Subscriber Weekend Update:
"What is almost a certainty is that our system modeling and option trade management will uncover multiple opportunities throughout the year for exponential option returns. After all of my decades of trading options, four going on five, I am emphatically certain that exponential returns is the only reason to be in this game. If you agree, you are in the right place, as there is not a better source of trades seeking said returns, anywhere, or at any price."
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A special trading psychology note to prospective subscribers:
You can't make exponential returns unless you take the trades and you won't take any trade without a reason. There is an old saying, "You get what you pay for." Here's what I have learned from running this service for going on 15 years: Unless you are paying for option trading ideas, you will not take them. However, paying even a discounted subscription fee changes that whole psychology. With skin in the game, you want to get your money's worth, i.e., at even at half-off for the first month, you have skin in the game. Our next trade will likely be SLV, or maybe it will be BITO, or something happens next week and we do something in the stock indices, or a special situation stock. Whatever it is, I'll likely be writing about it in a future marketing edition of AllAllan, months later. Don't let that become a "would have, could have, should have," moment. Instead, sign-up today and let that future report be a triumphant reminder of a good decision.
Karma, Karma, Karma.
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Blue Line Premium ($99/mo) or PRO ($249/mo): Half off your first month with sign-up code: GOPRO@50%.