Just an update to the spot Silver – Head and Shoulder pattern identified last week. So far so good, currently we are approaching support area near the 16.00 handle with the 200 daily sma underneath at 15.80. Ideally the target for the break would give us 14.18.. but at this juncture is a fairly big ask…. lets see how she reacts at the 200 sma daily.
http://my.jetscreenshot.com/demo/20100128-idqu-293kb