SI (Silver Future Contract):
Looking at its ETF price chart, it has formed a base near the 32.50 level. After having completed its test for support near the 36 level, it has broke above the previous pivot high of 41.73. This breakout appears to be forming a higher high/higher low price pattern that could lead to a new high.
SLV (Silver ETF):
Disclosure: Long on SLV
