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New YTD Lows Hit *RES 4: $15.825 -.....>

SILVER TECHS
SILVER TECHS: New YTD Lows Hit
*RES 4: $15.825 - High Feb 27 
*RES 3: $15.640 - High Mar 21 
*RES 2: $15.343/272 - High Apr 9/55-dma 
*RES 1: $15.110 - High Apr 26 
*PRICE: $14.683 @ 06:27 GMT May 2 
*SUP 1: $14.606 - Intraday low
*SUP 2: $14.444 - 76.4% retracement of Nov-Feb rally 
*SUP 3: $14.054 - Low Nov 30 
*SUP 4: $13.897 - Low Nov 14 
Silver broke to the downside yesterday taking out channel support to put the
focus on the 76.4% retracement of the Nov-Feb rally at $14.444. Below here opens
the Nov 30 low at $14.054 which sits just above the Nov 14 multiyear low at
$13.897. Bulls look to recover Friday's high at $15.110 to improve the outlook
and target the April 9 high/55-dma at $15.343/272.

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