Silver Mic(D) Bears Tighten Grip With Strong TK Cross Below KumoSilver Micro (MCX) is showing increasing bearish pressure on the daily timeframe following a strong Bearish TK Cross below the Kumo.
Price has now decisively moved below the cloud, while the future Kumo is turning thicker and bearish, indicating continuation pressure. The recent rejection near the Kijun highlights supply dominance, with price now forming a sequence of lower highs and lower lows .
Key Observations:
Bearish TK Cross below Kumo → strong trend signal
Price trading below cloud → bearish regime active
Future Kumo thickening → trend persistence likely
Chikou Span has cleared price but still approaching Kumo resistance
Key Levels to Watch:
Invalidation: 261,614
Downside References: 206,712, 192,987 & 179,262
Outlook:
As long as price remains below the Kumo and Kijun, rallies are likely to be sold into.
A sustained move below recent swing lows could accelerate downside momentum.
A reclaim above the invalidation level would weaken the bearish bias.
Short
