SIH11 – March Silver (Last:30.400)

March Silver did all we asked of it yesterday and more, vaporizing any and all scuzzballs with the bad sense to resist the trend. The rally projects to at least 32.285, a Hidden Pivot target tied to a 30.150 midpoint resistance that looks to have been a pushover. If you got on board using the pattern sketched here yesterday, the ride would have been trouble-free from the time of entry, since Silver never looked back after tripping the entry signal at 29.480 around 5 a.m. ET.  If you are looking for a belated entry opportunity, use a pullback to 30.150 and a camouflage signal. _______ UPDATE 12:58 a.m. ET):  The belated entry opportunity we’d sought came with perfect precision when the futures bottomed at 30.145 shortly after 8 p.m. Eastern.  A 30-cent rally has ensued, worth a theoretical $1500 gain per contract to anyone who rode the surge to this evening’s so-far high, 30.445.  Partial-profit taking is in order, but you should save a contract or two for a potential home run.