silver

COMEX SILVER (MAY) 05/04/2011: Declining momentum studies in the neutral zone
will tend to reinforce lower price action. The intermediate trend has turned down
with the cross over back below the 18-day moving average. The market's close below
the 1st swing support number suggests a moderately negative setup for today. The
next downside objective is now at 3782.5. The next area of resistance is around
4396.5 and 4698.5, while 1st support hits today at 3938.5 and below there at
3782.5.
Be careful but we remain short till 36.80 only for agressive trades

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