A very minor rally pattern projected to 18.635 Monday night, but if the futures can eke out just a tad more altitude, surpassing a prior peak at 18.700 from last week, they’d be signaling the likely start of a new bullish phase. The midpoint resistance of the minor pattern lies at 18.545, and it has yet to be surpassed, but once above it the futures would become an odds-on bet to cover the remaining nine cents to the target. _______ UPDATE (3:25 p.m. EST): Silver exploded past the resistance pivots noted above, peaking at 19.300 before the tide receded to around 19.130.