DeepValue Signals

Started shorting some #crypto trash. $WLD is one of them... Breaking down here. Crypto looks increasingly vulnerable across the board, and the trash tends to lead the way down...

#SILVER There are only a handful of accounts I tend to agree with almost every time something from them floats across my timeline. @SilverDegen is one of them...

What a waste of perfectly good polyester....

"Oil is done!" Oh wait... $USO just backtested its breakout. Almost textbook. Big difference...

$MU | Aging like fine wine 🍷 The breakdown is now accelerating, with the daily structure deteriorating and momentum turning increasingly bearish. $450–460 is my primary downside target for this short. Still a long way to go, but the setup is playing out beautifully. Discord heard it first...

The power of Fibonacci 🎯 $OIL just hit the 0.5 Fibonacci retracement to the penny, measured from the bottom to the top of its previous advance. Believe it or not, despite this brutal selloff, the broader structure can STILL be interpreted as bullish. But that 0.5 Fib needs to hold. I'm currently putting together my DVS Midweek Update on Substack, breaking down the chart and the technical logic behind this fascinating setup. The introduction will be FREE for everyone. If you find my work valuable, consider becoming a paid subscriber to support the research. Sometimes the most important levels are hiding in plain sight. deepvaluesignals.substack.co…

$USOIL / $WTI The inverse head-and-shoulders setup failed to materialize. However, zooming out reveals another potentially compelling bullish structure. I've just shared two separate assessments: Substack: The bigger-picture investment thesis. Discord: The shorter-term trading setup, including key levels and risk management. Head over to the respective threads for more context. I'll likely share some additional thoughts here on X tomorrow as well.

$SILVER This is exactly why I said: am I calling the bottom yet? Absolutely not. But we did break a very important support area around $54.50–55, and that matters. Could we now see a backtest of that former support? Absolutely. And if/when everyone starts getting bullish again into that move, remember this post. For me, nothing changes unless silver can decisively reclaim that $54.50–55 zone, preferably with confirmation on the Daily and Weekly. If we backtest it and get rejected instead, this could simply be the next lower high before silver continues its way down. Reclaim = reassess. Rejection = bearish structure remains intact...

$GOLD / $SILVER These are precisely the kinds of headlines you tend to see near a short-term bottom. After weeks of selling, bearish narratives suddenly dominate the headlines. Doesn't guarantee we've bottomed, but historically, when pessimism becomes the consensus, I start looking for opportunities on the other side of the trade. Markets have a funny habit of turning when the crowd least expects it...

$SILVER | Short Paid. Long Paid. And Now This. After our $51.10 short paid beautifully, we flipped long in the lower $49s. That trade paid as well. Silver subsequently backtested support almost perfectly and is now breaking out impulsively. Very constructive price action. 🥁🥁🥁 And perhaps it's no coincidence that silver recently reached my second major downside target around $48. Am I calling the bottom? Absolutely not... But could this be the beginning of a powerful reversal? You bet. Let's see whether the breakout holds.

$USOIL / $GOLD / $SILVER | The Rotation Continues.. Yesterday, I highlighted the Gold/Silver Ratio #GSR potentially targeting 90+, suggesting gold would continue outperforming silver. Today's price action is reinforcing that thesis... But here's the more interesting question: If gold is outperforming silver, is it also outperforming oil? The charts speak for themselves. $USOIL / $SILVER: Breaking out, with oil gaining significant relative strength against silver. $USOIL / $GOLD (W): An even more compelling picture. Oil has been outperforming gold for much of the past year, and the ratio is breaking higher again following a successful consolidation. I've shared these ratio charts repeatedly, including well before the breakouts materialized. Gold outperforming silver. Oil outperforming both. That's the rotation I've been highlighting since late last year, and technically, I see little reason to expect it to end just yet...

$USOIL | The Inverse Head & Shoulders Is Still Alive Compare yesterday's chart with today's. The $96 neckline backtest held almost to the cent, importantly without a 4H close below it. We maintained the higher low, and oil is now attempting another breakout. This is how a potential inverse head and shoulders can develop. The initial breakout is followed by a retest of former resistance, which ideally becomes support. That is what we're seeing here. The next hurdle is $98.50, followed by $100–101. But the real fun potentially begins above $102–103, where a sustained breakout would provide much stronger confirmation of the larger bullish reversal. For those asking how to interpret an inverse head and shoulders, I've also shared a more detailed explanation further down in the original post. Patience. The structure is doing what it needs to do so far...

$SILVER | NOT WHAT THE BULLS WANTED Called today's silver top virtually to the cent, around $51.12 spot. Wish I had better news for the silver bulls, but the latest rally appears to have done little more than backtest the Daily breakdown. We're now seeing a potential bear flag developing on the lower timeframes, while the Gold/Silver Ratio remains bullish. Unless silver starts reclaiming broken support, the path of least resistance remains lower.