Silver appears headed for a pivot at 33.045 after a rough Tuesday for the bulls.  Unlike gold, silver impulsed down on the daily chart yesterday.  After making its low, it bounced by more than a dollar an ounce and then slipped back down far enough to confirm a D target at 33.045 (hourly chart, A=35.340).  This pivot is reasonably well-hidden and might produce a bounce with help from traders front-running the $33 level.  The bearish impulse of daily magnitude suggests that traders look for camouflaged shorting opportunities, especially at moments when rallies seem to be hitting resistance.  (Posted by Doug McLagan)  ________ UPDATE (10:03 a.m.):  The futures have rallied through the “C” point associated with our 33.045 target, which is now cancelled.