MAR SILVER

Resist: 34.40-34.50, 34.95+
Supprt: 33.39, 32.95, 32.69*
Comment: The market is bullish, but showing a failed punch over last week’s high. A close over 34.40
should boost rallies and close over 35.39 is bullish. After Wednesday’s reversal, trade could slip into near term corrections, but holding the congestion levels of the past week will keep trade ready for rallies. A slip under 32.95 hints for harder corrections, but a close under 32.69* signals a multi-day corrective break. A close under 31.11* marks a lasting bear turnover.