Silver Futures Press Upper Fractal as VC PMI Signals Volatility Expansion
(/SI) continue to trade within an active expansion phase, with price currently pressing into the upper VC PMI fractal near the Daily Sell 1 zone around $112.06 and approaching the recent swing high near $117.70. From a VC PMI framework, sustained trade above the Daily VC PMI pivot near $107.48 confirms bullish price momentum, while failure back below this level would activate a short-term mean reversion sequence toward the Buy 1 and Buy 2 bands.
Time-cycle harmonics derived from the 30-, 60-, and 90-degree Square of 9 rotations suggest the market is entering a compression window. Historically, this alignment often precedes a volatility expansion phase, where price resolves either toward the upper fractal extension or snaps back toward the mean. The current structure shows higher-lows forming above Weekly Buy 1 near $93.14, reinforcing the broader bullish trend, but the slope of the advance is flattening — a classic signal of momentum exhaustion within a late-cycle advance.
Square of 9 geometry projects overhead resistance between $112–$118, aligning with both Daily Sell 1 and the 161.8% Fibonacci extension band. This confluence increases the probability of short-term rejection unless price can achieve a sustained close above the $117.70 swing high. A confirmed breakout would activate the next harmonic rotation, targeting higher-fractal resistance into the $120–$125 zone.
On the downside, the VC PMI Daily Buy 1 near $101.41 represents the first high-probability mean reversion magnet, carrying a statistical tendency for a 90% retracement back toward the pivot. A deeper washout into Daily Buy 2 near $96.83 would signal a full-cycle reset, often associated with a 95% probability of reversion toward the daily mean and potential structural support from the weekly VC PMI band near $98.34.
Momentum oscillators show declining amplitude, suggesting the market is transitioning from impulsive expansion into rotational consolidation. This behavior is consistent with late-stage cycle dynamics, where traders should anticipate sharper intraday swings and increased false-break risk around key geometry levels.
Disclosure: This analysis is for educational and informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any futures, options, or securities. Trading futures and leveraged instruments involves substantial risk of loss and may not be suitable for all investors. Past performance is not indicative of future results. Always consult with a licensed financial advisor before making trading decisions.
