Here is a mutl-timeframe look at SLV to see what we are dealing with at this moment in time...
Was so close to launch until yesterday's launch pad disaster...
Still possible we could see stick save before further decline looking at daily and hourly.
But it would have to come pretty much immediately...if not, then a full back test of 4 hour 900 could very well be next target.
In any event, until bulls can take out that shooting star on the daily from Tuesday, they got nuthin'
Hourly
4 hour
Daily