SIH12 – March Silver (Last:28.700)

March Silver (SIH12) price chart with targetsMarch Silver spent the week backing and filling following the 14% rally that has kicked off the New Year.  Remaining patient is our only option at the moment, but we can still use the 30.215 ‘external’ peak shown in the chart to tell us when mere noise is starting to sound more like the fearsome snort of a resurgent bull. Camo traders should stick with micro-risk plays on the 5-minute chart, since this vehicle has been creating new point ‘C’ lows as though every silver trade out there is all too eager to buy.  Want to learn how we use Hidden Pivots and “camouflage” to reduce entry risk to relatively small change? Click here.