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Focus Shifts To $15.966-16.327.........>

SILVER TECHS
SILVER TECHS: Focus Shifts To $15.966-16.327 Region
*RES 4: $16.933 - 21-DMA
*RES 3: $16.730 - Low Nov 28 now resistance
*RES 2: $16.589 - High Nov 30
*RES 1: $16.480 - Hourly support Nov 30 now resistance
*PRICE: $16.433 @ 0400GMT
*SUP 1: $16.313 - Low Nov 30
*SUP 2: $16.125 - Monthly Low Aug 7
*SUP 3: $15.966 - Low July 17
*SUP 4: $15.604 - Low July 14
*COMMENTARY: Sideways trading came to an end with a sell-off and bearish close
Wednesday that shifts focus to the $15.966-16.125 support region where monthly
lows are situated. Bulls continue to look for a close above $16.730 to ease
renewed bearish pressure and above the 21-DMA to shift focus back to layers of
resistance $17.222-542. The Bollinger band base ($16.484) is the key concern for
bears with potential to limit follow through.

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