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Bears Need Close Below $16.703 *RES....>

SILVER TECHS
SILVER TECHS: Bears Need Close Below $16.703
*RES 4: $17.395 - High Sept 20 
*RES 3: $17.245 - High Sept 26 
*RES 2: $17.148 - 200-DMA 
*RES 1: $17.063 - 55-DMA
*PRICE: $17.030 @ 0330GMT
*SUP 1: $16.837 - Hourly resistance Oct 9 now support
*SUP 2: $16.703 - Hourly support Oct 6
*SUP 3: $16.331 - Low Oct 6 
*SUP 4: $16.125 - Low Aug 7
*COMMENTARY: Hesitation around the 100-DMA ($16.867) resulted in a dip to fresh
2mth lows Friday before an aggressive reversal and relatively bullish close.
Bulls take comfort in the break of $16.910 with a close above $17.245 now needed
to confirm breaks of key DMAs and above $17.623 to shift focus to Sept highs.
Bears now need a close below $16.703 to ease renewed bullish pressure and return
focus to $15.966-16.331.

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