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Supported Below 200-DMA For Now *RES...>

SILVER TECHS
SILVER TECHS: Supported Below 200-DMA For Now
*RES 4: $17.889 - Hourly support Sept 13 now resistance 
*RES 3: $17.685 - Hourly resistance Sept 15 
*RES 2: $17.487 - Hourly support Sept 18 now resistance 
*RES 1: $17.227 - Hourly resistance Sept 19
*PRICE: $17.180 @ 0430GMT
*SUP 1: $17.092 - 200-DMA
*SUP 2: $17.049 - Low Sept 18 now resistance
*SUP 3: $16.851 - 55-DMA
*SUP 4: $16.709 - Low Aug 25
*COMMENTARY: Having looked heavy Monday bears were not disappointed with a
sell-off that probed below the 200-DMA before finding support. Daily studies
have room to move before O/S becomes an issue. Layers of resistance building add
weight to the bearish case for a test of the $16.709-851 support region. Bulls
now look for a close above $17.227 to gain breathing room and above $17.685 to
shift focus back to $17.989.

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