SI Silver Futures Daily Chart Analysis: 2026-Feb-02 07:18 CT

Price Action

• Last: 83.405,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 29%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 80.0,
• 4. Pvt. Next: Pvt high 88.870,
• 5. Levels R: 121.785, 88.870,
• 6. Levels S: 80.0, 69.255, 46.180.

Daily Benchmarks

• (Short-Term) 5 Day: 105.59 Down Trend,
• (Short-Term) 10 Day: 104.145 Down Trend,
• (Intermediate-Term) 20 Day: 90.872 Down 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

• 02 Feb 2026: Short SI 03-26 @ 81.8 Signals.USAR-WSFG
• 02 Feb 2026: Short SI 03-26 @ 79.01 Signals.USAR-MSFG
• 30 Jan 2026: Short SI 03-26 @ 107.775 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver futures have experienced a dramatic reversal, with a sharp sell-off following a strong rally to new highs. The current price action is characterized by large, fast-moving bars, indicating heightened volatility and strong momentum to the downside. Both the weekly and monthly session fib grids show price decisively below their respective NTZ/F0% levels, confirming a short- and intermediate-term downtrend. Swing pivot analysis aligns with this, as both short-term and intermediate-term trends have shifted to down, with the most recent pivot low at 80.0 now acting as key support and resistance levels overhead at 88.870 and 121.785. Short-term and intermediate-term moving averages have rolled over and are trending down, while long-term averages remain in an uptrend, reflecting the broader bullish structure that is now under pressure. Recent trade signals have triggered multiple short entries, confirming the bearish momentum in the short and intermediate timeframes. The overall structure suggests a market in correction mode after a parabolic advance, with the potential for further volatility as price tests major support zones. Long-term trend remains intact, but the immediate outlook is dominated by bearish momentum and risk of further downside retracement.