SIZ10 – December Silver (Last:)

December Silver (SIZ10) price chart with targetsThere are two rally targets shown in the chart, both moderately compelling as places for a tradable turn to occur today.  The lower lies at 20.71, exactly 16 cents above yesterday’s high, the other at 21.00. If the futures head higher as expected, you can infer the second target will be reached if the first is exceeded by more than 1.5 cents. Scalpers can try shorting at either price with a three-tick stop-loss, but you’ll be on your own if the order fills.