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Bulls Need A Strong Close To The.......>

SILVER TECHS
SILVER TECHS: Bulls Need A Strong Close To The Week
*RES 4: $16.456 - Low May 1 
*RES 3: $16.217 - High Jul 9 
*RES 2: $16.000 - Resistance 
*RES 1: $15.875 - High Jan 4 
*PRICE: $15.534 @ 06:00 GMT Jan 18 
*SUP 1: $15.460 - Low Jan 17 
*SUP 2: $15.320 - 200-dma 
*SUP 3: $15.001 - High Aug 28 
*SUP 4: $14.560 - 100-dma 
A strong close to the week is needed to keep the rally alive and target the
$15.750 level which holds down trendline resistance from the Jan 4 highs. A
break above here would trigger a bullish continuation pattern, opening a move to
the $16.00 area. On the other hand, a close below yesterday's low at $15.40
would suggest a bearish reversal is in play, opening a return to the 200-dma at
$15.320 ahead of the Aug 28 high at $15.001. 

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