Like April Gold, May Silver has generated a minor, bullish impulse leg Sunday night, although its potential as we went to press was fading in weakness that threatened to breach the point ‘A’ of the rally pattern (see inset). If bulls wind up stymied, it could spell a relapse to as low as 33.645 over the near term, with last-ditch support at that Hidden Pivot’s midpoint sibling, 34.295. Those two numbers can be found on the 15-minute chart, where A=35.680 (March 1, 3:30 p.m.) and B=34.375 (March 2, 1:30 p.m.). Either number could be bottom-fished with a stop-loss as tight as four ticks.
