SI Silver Futures Daily Chart Analysis: 2026-Feb-09 07:19 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Silver futures have experienced a sharp and volatile correction following a strong rally to new highs, as indicated by large, fast-moving bars and a significant drop from the recent swing high at 121.785. The short-term and intermediate-term trends have shifted decisively bearish, with both the swing pivot trend and moving averages pointing down. Price is currently below the monthly session fib grid (MSFG) neutral zone, reinforcing the intermediate-term downtrend, while the weekly session fib grid (WSFG) still shows some residual short-term strength as price remains above its neutral zone. Key support is now at 62.547, with resistance at 92.015 and 121.785. The long-term trend remains neutral, with the 100-day and 200-day moving averages still in uptrends, suggesting the broader bull cycle is intact but under pressure. Volatility is elevated (ATR 165), and volume remains robust, reflecting active participation during this correction. Recent trade signals show both long and short entries, highlighting the choppy and reactive nature of the current market environment. Overall, the market is in a corrective phase with potential for further downside or consolidation before a new directional move emerges.


Chart Analysis ATS AI Generated: 2026-02-09 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.