By popular request, I’ve added Comex Silver to the list of touts tonight — and not a moment too soon, evidently, since the September contract is closing fast on a 19.010 target that looks capable of putting the kibosh on the rally, at least for a short while. A marginally higher target at 19.210 would be in play if the lower number is exceeded by more than 2-3 cents. Either way, Silver’s parabolic rise since early June is due for a rest, so we should pay heed to the technical signs. Aggressive play calls for shorting at either of these Hidden Pivots, but I would strongly suggest that you use ‘camouflage’ to initiate the trade, since even a few ticks of adversity in this vehicle can be expensive.  ‘Camouflage’ here implies shorting the first downtrending abc pattern that meets our rules if and when one of the two target is reached or very closely approached. For guidance in real time tune to the chat room, since there are always a few Hidden Pivot experts around to crowd-source a potentially tradable idea. _______ UPDATE (July 1, 12:52 a.m.): The futures have blown past both of the targets given above, implying there may be considerable buying power remaining to be spent. I say “may be”  because there is yet one more target just above, at 19.250, that could stop the rally. Price action at this target will not likely be penny-precise because it comes from a continuous chart that is based on the July contract, but the pivot should be accurate enough to allow us to gauge the power of the move. Using the same continuous weekly chart — again, with a small margin of error that I will correct when the continuous chart switches to the September contract — the highest Hidden Pivot target I am able to project lies at 20.150.  A decisive move past it would suggest that bears have lost the battle.  And if the futures were to go just a little higher, surpassing an important ‘external’ peak at 21.525 recorded on July 11, 2014, it would add to the evidence that the 2016 rally is not merely corrective, but the beginning of a long-term bull market.  ______ UPDATE (July 6, 12:48 a.m.): [Note: Immediately above, I’ve updated the tout for the July contract with the following information because it contains a big-picture analysis that warrants continued exposure. Also, I’ve changed the chart for this tout to show the new, short-term target.] On the hourly chart, the futures would put a 21.730 rally target in play if they push decisively above 20.670.  That’s the midpoint Hidden Pivot resistance of a pattern using the following coordinates: A=19.105 (July 1, 7:00 a.m.); B= 21.225 ( July 3); and C= 19.610.