MAY SILVER

Resist: 32.95+/-, 33.52*
Supprt: 32.09, 31.97, 31.48, 31.15-
Comment: Overall the market is bearish. However, Monday’s rebound hints for near term corrections todayWednesday. A close over 33.55* marks a bottoming turnaround. A rejection from 33.55* could trigger secondary selloffs. Use a drop under 31.48 to rekindle the bear wave and release a wash to 30.62* support. A close under 30.62* is bearish, but be alert for a bounce off 30.62*+/- on the first test.