SIH11 – March Silver (Last:28.890)

A modest, 40-cent thrust today to 29.295 would knock the bad guys for a loop, since that would turn all of the intraday charts bullish. The rally presumably would be a downpayment on a larger pattern projecting to 32.21.  The midpoint resistance associated with that ‘D’ target is 30.01, and the higher number would be well in play if 30.01 were to be exceeded on a closing basis for two consecutive days.