SI Silver Futures Daily Chart Analysis: 2026-Feb-08 18:17 CT

Price Action

Last: 69.215,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

Short-Term
WSFG Current: 10%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Feb

Intermediate-Term
MSFG Current: -16%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -3%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 69.215,
4. Pvt. Next: Pvt high 92.015,
5. Levels R: 121.785, 92.015, 76.895, 48.720, 38.130,
6. Levels S: 69.215, 46.180.

Daily Benchmarks

(Short-Term) 5 Day: 70.970 Down Trend,
(Short-Term) 10 Day: 81.625 Down Trend,
(Intermediate-Term) 20 Day: 75.875 Down Trend,
(Intermediate-Term) 55 Day: 75.415 Down Trend,
(Long-Term) 100 Day: 62.214 Up Trend,
(Long-Term) 200 Day: 50.057 Up Trend.

Additional Metrics

ATR:165,
VOLMA:55116.

Recent Trade Signals

05 Feb 2026: Short SI 03-26 @ 79.37 Signals.USAR-WSFG
02 Feb 2026: Short SI 03-26 @ 78.655 Signals.USAR-MSFG

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bearish,
Long-Term: Neutral.

Key Insights Summary

Silver futures have experienced a sharp and volatile selloff, as indicated by large bars and fast momentum to the downside. The short-term and intermediate-term trends are both decisively bearish, with price action breaking below key monthly and yearly session fib grid levels and all short/intermediate moving averages trending down. The most recent swing pivot is a new low at 69.215, with the next potential resistance at 92.015, highlighting the depth of the recent retracement. Long-term moving averages remain in an uptrend, suggesting the broader bull cycle is intact, but the current correction is significant. Volume and volatility are elevated, reflecting strong participation in the recent move. The market is in a corrective phase, with the potential for further downside or a volatile base-building period before any sustained recovery.