SIU13 – September Silver (Last:24.860)

The bullish pattern shown, with its 26.785 target, looks too perfect to disappoint — especially following yesterday’s thrust, which impaled a daunting midpoint pivot while also surpassing a key external high recorded back in April. A pullback to the 24.533 midpoint should be viewed as an opportunity to get aboard belatedly.  ‘Camouflage’ entry is suggested, however, since we’ve seen in yesterday’s decapitation of Silver Wheaton what can happen when bulls get giddy.