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Silver Chartist: Exclusive Steve Penny Interview – Mastering the 4th Turning for Maximum Profits

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The Difference Between Shorting and Hedging Mechanically

There's a clear bearish pattern and we're extremely overbought I mean profit-taking is normal syrup sell-offs are normal in commodity bull markets. When our commodity sectors get overbought extreme overbought against resistance yeah I take out hedging positions these are small positions they've done that a few times this year in the precious metals so it's worked out well. But you know what if I'm looking for a short trade I'm looking to something that's trading below a declining moving average with a series of lower highs and lower lows.

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