SIZ10 – December Silver (Last:23.250)

The futures took a tradable, 14-cent bounce off the 23.455 pivot I’d flagged, but it proved fleeting. Now, there are several compelling, minor downside targets, but I would suggest using a Hidden Pivot support at 22.565 (shown in the chart) as a minimum objective for the near term. It can be bottom-fished with a stop-loss as tight as four ticks.  Alternatively, it would take an upthrust to 24.410 to turn the hourly chart bullish.