SI Silver Futures Daily Chart Analysis: 2026-Oct-22 07:08 CT

Price Action

Last: 49.80,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -28%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -58%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -220%
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 55.560,
4. Pvt. Next: Pvt high 59.580,
5. Levels R: 124.115, 99.010, 92.100, 91.215, 72.860,
6. Levels S: 55.560, 51.050, 48.500, 44.480, 40.460.

Daily Benchmarks

(Short-Term) 5 Day: 57.490 Up Trend,
(Short-Term) 10 Day: 58.385 Down Trend,
(Intermediate-Term) 20 Day: 60.045 Down Trend,
(Intermediate-Term) 55 Day: 62.715 Down Trend,
(Long-Term) 100 Day: 63.815 Down Trend,
(Long-Term) 200 Day: 73.400 Down Trend.

Additional Metrics

ATR: 682.5,
VOLMA: 55116.

Recent Trade Signals

22 Oct 2026: Short SI 12-26 @ 56.35 Signals.USAR.TR120
22 Oct 2026: Short SI 12-26 @ 56.41 Signals.USAR-WSFG
14 Oct 2026: Short SI 12-26 @ 58.87 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is in a sharp downside continuation, closing below the October monthly grid, all visible benchmark averages, and the prior 51.050 support area. Large-range selling and fast downside momentum confirm an expanded-volatility selloff rather than orderly consolidation. The pivot structure remains bearish across both short- and intermediate-term measures, with 55.560 identified as the evolving pivot low and 59.580 as the next pivot-high reversal threshold. The break below 51.050 places 48.500 as the nearest structural support, while 55.560 is the first major overhead pivot level. Long-term structure remains decisively negative because price is deeply beneath the declining 100-day and 200-day benchmarks.