May Silver – TC pattern suggests continuation of upward trend. [chart]

May Silver has been in an upward trend since confirming the bullish TR pattern in February. The market reached  a high of 17.55 before trading lower into the minor reversal swing date on March 9. The pullback stopped at support provided by the median line as well as the 20-day SMA and upward sloping parallel line. This support should hold and allow the Silver the bullish trend into the March 16 reversal swing date.