SIH10 – Comex March Silver (Last:16.950)

My worst-case target for the next 7-10 days is 16.325, the Hidden Pivot ‘D’ of the pattern shown in the chart. It is corroborated by the 16.330 target of a lesser pattern, also shown. These two numbers can be expected to exert magnetic force on the futures in the days ahead, bringing them down to a high-odds spot for bottom-fishing. It should be considered a minimum downside objective for the time being, subject to change if the point ‘C’ of either pattern is exceeded to the upside.