Silver Wheaton will remain vulnerable unless it pops above 40.39 over the next couple of days.  Otherwise, a corrective pattern projecting to as low as 33.90 should be regarded a worst-case possibility for the near term. The downtrend has not yet gotten close to the 36.50 midpoint linked to that target, but if and when it does, it will make an opportune spot to try bottom-fishing with a tight stop-loss.  For now, we’ll let our position ride:  long 800 shares with a cost basis of 14.27 against eight January 34 puts we acquired for 0.77