SIU11 – September Silver (Last:41.030)

September Silver (SIU11) price chart with targetsWith the futures trading early Wednesday morning well above a midpoint resistance at 40.990, its ‘D’ sibling at 42.110 is well in play. That Hidden Pivot can serve as our minimum upside objective for the moment, but as I noted during yesterday’s impromptu trading room, there are no external peaks remaining to ‘camo’ ourselves aboard the easy way. Night owls should pay heed at 41.110, a lesser ‘D’ target noted during the impromptu (15m, A=40.715 at 6:30 on 7/26); B=41.010, and C=40.815).