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Bears Need Close Below $17.264 *RES....>

SILVER TECHS
SILVER TECHS: Bears Need Close Below $17.264
*RES 4: $18.264 - Daily Bull channel top 
*RES 3: $18.041 - Low June 5 now resistance 
*RES 2: $17.742 - Monthly high June 6 
*RES 1: $17.662 - High Aug 29
*PRICE: $17.346 @ 0400GMT
*SUP 1: $17.264 - Hourly resistance Aug 28 now support
*SUP 2: $17.148 - Hourly support Aug 28
*SUP 3: $17.004 - Hourly resistance support Aug 25
*SUP 4: $16.709 - Low Aug 25
*COMMENTARY: The lack of topside follow through Tuesday remains a concern for
bulls despite focus having shifted to tests of June highs and then $18.041-264
above where the bull channel top is found. Layers of support remain with bears
still needing a close below $17.264 to gain breathing room and below $17.004 to
shift focus back to $16.709 lows from last week.

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