Short Scalp: SLV (203.3) parabolic rise should lead to pullback

Rationale: Overwhelming consensus is focused on metal stocks and commodities. As such, momentum on the SLV (203.3) Silver ETF is very overbought. Expect a pullback to the 5 day EMA (194.55). Intraday time frames 60 min suggest consolidation at 195 levels. Longer-term, expect large downward pullbacks with likewise retracements. (Note: This ETF is a SHO Threshold security)

Silver stocks to concurrently fall are: SWC, PAAS, HL

Target: 194, then 180 (1st fib number) .

Stop: 204.5