MAR SILVER

Resist: 34.50, 34.96+
Supprt: 32.72-32.68, 32.17, 31.58

Comment: The market is bullish and positioned for rallies that could stretch near 34.96. Stable action over 34.14+ will promote continuation rallies to 34.75-34.96. A close over 35.39 is bullish. Any corrective dips should fight to hold within the congestion levels of recent days. A slip under Tuesday’s low hints for near term corrective dips, but setbacks that hold 32.68* will keep the bull trend intact. A close under 31.07* is needed for a lasting bear turnover.