Trading System Signals on 06/05/2025 - Silver?

It was an incredibly sloppy day in the Stock Indexes with a strange tone in the market as uncertainty seemed to re-enter. The markets have been incredibly bid lately so a modest pullback could certainly be expected. We continue to see a bullish force that seems to assertively make sure price remains bid no matter what. While Bitcoin tested 100,000, the eye-popping move was in Silver. Gold has been on a bullish run while Silver has been left behind. Could Silver be the one to run now? The Silver Breakout strategy that we are tracking (not trading), did well today and it could be time to capture some longer-term breakout trends in Silver that would match the move in Gold.

The Stock index strategies seemed to be correct shorting the market early, but a strange looking rally moved the market higher to take out last week's high before the stock indexes rolled over for the day but still remained above Tuesday's lows after 4 days in a row of higher highs in the Nasdaq 100. The move higher looked forced and stretched and formed a Key Reversal along with many head and shoulders moves we have seen recently. Many early shorts were stopped out on the rally to last week's highs and the strategies that went long after the move higher were stopped out on the rollover to test Tuesday's lows. Several strategies, MAG 7 and Tick Reversal did well shorting into the end of the day.

The One Million MNS and 250K Portfolio sat out this morning to wait for a series of drawdowns and the type of price action that we saw today. We worked on a limited sync up this afternoon for a +0.1% gain in the One Million MNS and +$250 in the 250K Portfolio in live trading. The hypotheticals for the Stock Index Portfolio hit a rapid drawdown through today's turbulence but paired some of the losses into the close. We will sit out once again tomorrow until we get additional drawdown intra-day. Jobs Friday is tomorrow morning.

It feels like a game of chicken. The market has moved so far and so fast to the upside, that it feels over extended and due for a surprising sell off while at the same time, the bullish liquidity wants to hit those all time highs before "ringing the bell", regardless of any reason to be bearish.

V-Reversal has been on a nice winning streak and took what was a reasonable short trade today that was stopped out by the strange looking "forced rally".

The hypothetical results for the portfolios are below.

Stock Index Portfolio 18 (1 NQ) = -$8,445

Stock Index Portfolio 18 (3 NQ) = -$25,335

50K Portfolio = -$2,050

Diversified Portfolio 42 = -$6,800

EMINI NQ 2 System Portfolio = -$3,250

EMINI NQ 3 System Portfolio II = -$4,475

EMINI NQ 4 System Portfolio = -$4,475

EMINI NQ 5 System Portfolio = -$4,275