ZSL Ultra Short Silver Daily Chart Oversold Falling Wedge Positive Divergence Volume Capitulation

ZSL ultra short silver daily chart showing the astounding volume capitulation. Traders gave up on shorting silver but the positive divergence for ZSL remains in place forecasting a nice bounce coming.

Over the last four days, silver has ran from 40 to 43.4, or +8.5%, while ZSL, a double inverse, has dropped from 20 to 17.14, or -14.3%. Some die hard silver shorts are holding onto ZSL since the price has not fallen more in relation to silver price. Commodities plays are high stakes poker. The silver shorts blinked as the volume capitulation shows, and typically, when most traders have given up on a trade, it finally goes in that direction, in this case the ZSL positive divergence should finally create a bounce off these levels. Keystone is two days into this trade and will currently stay the course. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.