Silver July 2026 futures (SIN26) closed the month trading near 75.62, almost exactly at the Monthly VC PMI Mean Price of 75.71. This level represents equilibrium, where neither buyers nor sellers possesses a statistical advantage.
The market has completed a significant correction from the monthly high of 79.25 to a low of 72.00, successfully testing the VC PMI Buy Zone and subsequently reverting back toward the mean, confirming the effectiveness of the mean reversion model.
The Monthly VC PMI levels for June are:
- Sell 2 (S2): 82.96
- Sell 1 (S1): 79.42
- Mean Price: 75.71
- Buy 1 (B1): 72.17
- Buy 2 (B2): 68.46
According to the VC PMI algorithm, prices below the mean favor accumulation strategies and long positions. The decline into the 72.17 Buy 1 level generated a high-probability buy signal. The subsequent rally back above 75 confirms a completed mean reversion cycle.
Monthly Cycle Date Analysis
The market remains within an important Gann timing window. Our proprietary cycle analysis identifies the period between June 2–5, 2026 as a key decision point. This window aligns with the completion of the previous 30-day cycle and the beginning of a new accumulation phase.
An additional square of 9 timing harmonics indicates:
- June 3–5: Potential cycle low confirmation.
- June 13–15: Secondary acceleration window.
- June 27–30: Major trend confirmation period.
If silver maintains monthly closes above the VC PMI Mean Price of 75.71, the probability increases for an advance toward 79.42 (Sell 1) and ultimately 82.96 (Sell 2).
Square of 9 Price Targets
Using the Square of 9 geometric progression from the recent low near 72.00, the next major resistance levels project to:
A sustained close above 79.42 would confirm that the next major leg of the secular bull market remains intact and could trigger an acceleration toward the 84–85 zone.
The monthly structure continues to support the long-term thesis that physical silver remains in a primary bull market driven by monetary demand, constrained supply, and global central bank liquidity expansion.
Disclosure: The Variable Changing Price Momentum Indicator (VC PMI) is a quantitative trading methodology based on the principles of price reversion to the mean, probability, and market momentum. Trading futures, options, ETFs, and leveraged products involves substantial risk and is not suitable for all investors. Past performance does not guarantee future results. The VC PMI levels, cycle dates, and Square of 9 projections are intended for educational purposes only and should not be construed as investment advice or a solicitation to buy or sell any security. Investors should consult with a licensed financial professional and carefully evaluate their risk tolerance before making any investment decisions.