SLV – iShares Silver (Last:44.03)

iShares Silver (SLV) price chart with targetsThe ease with which this killer shredded a Hidden Pivot resistance at 43.32 yesterday, stopping us out of some puts for small change, suggests bulls will continue to dominate. If so, look for an easy ascent to 46.29 (see inset), a Hidden Pivot tied to a midpoint resistance at 44.72.  If that last number is exceeded by 0.05 or more, assume the higher target will be achieved with little strain.