Life After Silvergeddon: Bagholders, Broken Vol and a Fading Bounce

Not so sexy

Silver drew in heavy chasing with little conviction or plan, leaving many investors stuck holding positions they now hope can get back to breakeven. Technically, silver bounced to the 21-day MA, rolled over, then found support near the 100-day, but the latest rebound is losing steam. The setup risks forming a second lower high.