SIL's long-term trend is bullish, but short-term weakness prevents a current long entry; waiting for confirmation of an upward turn.

if I was looking at PPH or let's say silver silver miners as an example, uh it's very bullish at the moment. So let's go into the intraday and see what we have there. It's bearish.

So, let's say I want to be notified if silver miners got back to bullish, slightly bullish or bullish. Because if I'm a near-term trader, short-term trader, I want to get a sense of when the shorter duration time frame gets back in alignment with that longer duration time frame.

So, I'm just going to look at SIL here and then we'll wrap up. Sil very strong move back up to those prior minor highs here and now just sort of stuck in a range. But yeah, this got back.

So, you know, on the intraday basis right now, we're talking about it being it's bearish. So, if I'm going to do intraday, I'm usually going to look for bullish or very bullish.

That's going to tell me that there's been meaningful change on that intraday time frame, which means that the if we go look at it here, the the 15minute and the 2hour are are likely to have uh confirmed on on the upside.

So that 15-minute and 2 hour right now, the 15 minutes weak uh and that's why you have that more bearish condition on the intraday, but overall the pattern's still bullish. So I'd want to see this turn back up.

If it turns back up, you know, then that could mean that that next near-term swing could be underway. You can use the slim ribbon PO would would fire. Right now, it's weak. So, I you're patient.

You're waiting. Uh unless it got into some support area, but even even if it does, you know, I'm I'm only going to be looking at a a smaller position size um until it starts to tell me more that it is.

And it doesn't have to tell me in every time frame, but there's got to be something that suggests, okay, there's a there's a higher probability that we're moving back into the direction of interest that I want to have my position bias for.

So, right now, week in the 15minute, SMI in the two hours rolled over. Smi in the 15 minutes rolled over the slim ribbon's negative. I'm I'm not interested in long side and SIL at the moment.

It's got to show me something on uh on the long side uh where the bulls are are trying to get back after it and then I'd be have more interest. Right now, you know, it's chopping around inside of uh some near-term support and resistance areas that it started to form.