Bearish hammer on 6M chart

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I sold all of my SILJ last week, which I'd typically wait for the yearly candle to close but it seemed like it was barely holding on by a thread and might not wait the few more days. Then the bottom completely fell out this morning. Whew, close call

The 6M candle looks like death. I'm still very bullish on silver as a LT play but I don't want to be out on the edge of the risk curve while the market pukes. Next major support is around $6.

Penafian

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