SIZ10 – December Silver (Last:27.800)

The chart reproduced here on Friday is still valid. It shows a pattern going back to early November with the potential to reach 30.385 over the next 4-5 days.  First, as noted here earlier, a midpoint resistance at 27.685 will need to be surmounted.  This could happen sooner rather than later, since the futures have commenced Sunday night’s activity with a 35-cent leap to a so-far high at 27.685, a tick shy of our bull trigger price.  Oops. They have just this moment pushed to 27.875.  Looks like the bad guys, aka DaScumballs, are in for a rough time!