SIZ09 – Comex December Silver (Last:16.200)

Applying Lindsay’s rules straightforwardly, December Silver is entitled to a pullback into the range 15.120-16.645 before it embarks on another leg up.  The resumption of the bullish trend would be signaled by a booster-stage rally of at least $1.05 starting from anywhere within the given range.  The potential  for the move, measured from the low, would be $2.16