A rally target at 38.605 first mentioned here when May Silver trading 8% lower (at 35.775) is still my minimum upside objective for the near term. Bulls should be prepared for at least a tradable stall at that price, since the target is quite clear.  Day traders can try shorting with a stop-loss as tight as four ticks, but camouflage will be less risky as always.  That would entail waiting for an ‘X’ entry signal along the first southbound abcd pattern that materializes on the very lesser charts.