Trade idea: Bearish (direct drop). An immediate drop is expected on the market.
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 41.59, as we anticipate a direct drop to 38.63. Sell close to 41.03 to play a drop to 38.63. The invalidation level of this trade idea is at 41.59.
Sell SILVERSEP11
Entry: 4,103.0
Target: 3,863.0
Stop loss: 4,159.0
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 41.59, as we anticipate a direct drop to 38.63. Sell close to 41.03 to play a drop to 38.63. The invalidation level of this trade idea is at 41.59.
Sell SILVERSEP11
Entry: 4,103.0
Target: 3,863.0
Stop loss: 4,159.0
