SI Silver Futures Daily Chart Analysis: 2026-Feb-01 18:16 CT

Price Action

• Last: 90.872,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 54%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 14%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt low 90.400,
• 4. Pvt. Next: Pvt high 121.785,
• 5. Levels R: 121.785, 108.800, 98.725, 94.250, 88.780,
• 6. Levels S: 81.740, 76.332, 60.706, 49.138.

Daily Benchmarks

• (Short-Term) 5 Day: 105.59 Down Trend,
• (Short-Term) 10 Day: 104.145 Down Trend,
• (Intermediate-Term) 20 Day: 87.07 Up Trend,
• (Intermediate-Term) 55 Day: 76.332 Up Trend,
• (Long-Term) 100 Day: 60.706 Up Trend,
• (Long-Term) 200 Day: 49.138 Up Trend.

Additional Metrics

• ATR:165,
• VOLMA:55116.

Recent Trade Signals

• 30 Jan 2026: Short SI 03-26 @ 107.775 Signals.USAR.TR120
• 26 Jan 2026: Long SI 03-26 @ 106.35 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Silver futures have experienced a dramatic and volatile move, with a sharp selloff following a parabolic rally to new highs near 121.785. The most recent price action shows large, fast-moving bars to the downside, breaking below short-term moving averages and confirming a short-term downtrend. However, the intermediate and long-term trends remain bullish, as price is still above key monthly and yearly session fib grid levels, and all major moving averages (20, 55, 100, 200 day) are trending up. Swing pivot analysis highlights a new short-term pivot low at 90.400, with significant resistance overhead and support levels now being tested. The recent short trade signal aligns with the current short-term momentum, while the prior long signal reflects the earlier uptrend. Volatility is elevated (high ATR), and volume remains robust, indicating strong participation during this correction. Overall, the market is in a corrective phase within a larger bullish structure, with the potential for further volatility as price tests key support and resistance levels.