SIK12 – May Silver (Last:30.930)

May Silver (SIK12) price chart with targetsMay Silver has trampolined $1.30 since bottoming earlier this week at 29.925, three ticks from a well advertised Hidden Pivot at 29.940.  If you’re not on board already, look for subtle ‘camo’ opportunities on the 5-minute chart that occur within the framework of the correction from yesterday’s 31.260 high.  Looking at a somewhat bigger picture, the next surge would need to carry above the tiny external peak at 31.685 shown in the chart to refresh the bullish impulsiveness of the larger intraday charts.