Silver_s Next Target_ _106 _ Chris Vermeulen

"The market was up 170%. Then it crashed 38%. Now, the smart money is quietly positioning for the next leg up."In this episode, Chris Vermeulen—Founder & CIO of The Technical Traders—delivers his updated technical analysis on silver after the violent January 2026 collapse. Vermeulen explains that while the CME's 50% margin hike triggered cascading liquidations, the underlying bullish structure remains intact. The "complex 4th wave pullback" may have found support near the $55-65 zone .Using Fibonacci retracements and Elliott Wave analysis, Vermeulen identifies the next target at $106, aligning with the upper boundary of a rising price channel mapped from 2024 . He warns that the "green line" of critical support sits in the mid-70s—a break below could signal a deeper retest toward $39 . His current analysis suggests 70% cash and waiting for a confirmed higher high before re-entering silver positions .Longer-term, he still expects silver to trade toward $150-$250 per ounce as part of a major commodity advance . He's less enthusiastic about miners, citing higher energy costs, labor risks, and jurisdictional instability (Mexico, Chile), and prefers physical metal and large-cap miners with diversified operations over speculative juniors . Press play for Vermeulen's exact trading plan for 2026.