WHen commodities and stocks have a 50 day / 200 day cross, the outcome can be very bullish. Like all indicators, they are not 100%, for if they were, there would be no markets. Should Silver after this drop, rise again, above the 50 day, i think it may have merit. Otherwise, i have noticed when there is a cross, and price does not react, there have been known to have selloffs. FWIW
SLV Still a Great Buy [View article]