- Investors are seeing short interest levels in equities markets that are the lowest in about 10 years, and this suggests that investors are becoming more willing to invest in stocks.
- Along with favorable news for a COVID-19 vaccine, these events have halted the bullish trend in the iShares Silver Trust (SLV).
- Overall, the fund has experienced outflows of -223.82 million over the last three months, and some investors might soon start to believe that the great 2020 rally is now over.
- Ultimately, our technical analysis models indicate potential reversal zones near 20.40, and this level could be used by investors looking to establish long positions in SLV.
For further details see:
SLV: Trading At Critical Levels