A midpoint support not far below, at 1525.40, may provide a clue as to how much energy bulls are holding in reserve. This Hidden Pivot comes from the pattern shown — one that was tentative when I mentioned it in the chat room Thursday morning before boarding a plane for a college reunion in Charlottesville. The support sits too close to a structual low at 1525.10 to be useful for bottom-fishing, but we can probably infer that a breach of $1.50 or more, or a close below it, would tip the odds toward a further correction down to as low as 1513.60, its ‘D’ sibling. Notice how that would refresh the bearish trend by creating a new low beneath the 1515.60 print on May 26. _______ UPDATE (8:24 a.m. EDT): The bounce has come from within two ticks of the forecast, but Silver’s relative weakness looks like it will suppress a strong recovery in Gold today.