SIZ11 – December Silver (Last:31.800)

December Silver (SIZ11) price chart with targetsCaterwauling its way to nowhere, December Silver was mildly impulsive at the bell yesterday, then fully corrected by midnight. From the so-far overnight low at 31.760, it would take a 50-cent thrust to create the theoretical entry point for a pattern with the potential to reach 33.745. Night owls should continue to monitor the corrective b-c, and zoom down to the 5-minute chart for ‘camouflage’ if it gives way to an upthrust that engenders an ‘x’ entry point. I’ve sketched this out for your further guidance in the accompanying chart.