Silver slipped two ticks beneath a minor midpoint support at 20.745 that we identified during yesterday’s impromptu webinar, but sellers gave up after struggling for hours to take the futures any lower. The bounce so far is impulsive on the 10-minute chart, affording night owls a possible entry opportunity if the pullback produces the required single-bar ‘C’. I have explained this graphically in the accompanying chart. ______ UDPATE (2:43 a.m. EDT): Yuk! The pattern shown in the chart failed to develop when the pullback retraced all the way down to ‘A’. As of the moment, the correction looked bound for at least 20.615.