SIK10 – May Silver (Last:17.365)

The futures got as high as 17.440 yesterday, but they’ll need to close above a midpoint resistance at 17.565 (see chart) to develop enough thrust to leave this month’s highs behind.  Thereafter, they’d become an odds-on bet to hit 18.575 within a day or two — not quite enough to refresh the bullish trend on the daily chart. That would take a print exceeding 18.900.