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SILVER TECHS
SILVER TECHS: Holds Below $14.50
*RES 4: $15.343/334 - High Apr 9/100-dma 
*RES 3: $15.110 - High Apr 26 
*RES 2: $14.923 - 200-dma 
*RES 1: $14.770 - Down trendline resistance from Feb 20 high 
*PRICE: $14.443 @ 05:40 GMT May 21 
*SUP 1: $14.387 - Low May 20 
*SUP 2: $14.346 - Low Dec 6 
*SUP 3: $14.054 - Low Nov 30 
*SUP 4: $13.897 - Low Nov 14 
Silver continues to trade heavy with recovery efforts falling shy of the $14.500
level to keep the bearish tone intact. A break below yesterday's low at $14.387
would open the Dec 6 low at $14.346 ahead of the Nov 30 low at $14.054. Below
here would put the focus on the multi year low at $13.897 seen on Nov 14. Bulls
need to recover down trendline resistance from the Feb 20 high which comes in at
$14.770. Above here would shift the outlook bullish opening the 200-dma.

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