- Silver weekly chart shows weakness at the cloud.
- More strength for silver bulls if price falls below 200 Day SMA.
- 4 Hour chart shows retrace levels as immediate support zones.
May 20, 2015
SILVER Weakness at weekly cloud
ES IHNS Update
- The IHNS Breakout continues to stay valid. Bears need to fall below the yellow shaded zones in first chart to question the validity of the pattern.
- One hour is testing the rising support line. 100 Hour SMA too is crucial for bulls to stay above to continue the momentum.
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