No damage done yet on March Silver. Just came down to its 3 week uptrendline. Breaking back over $31 was important and should serve as support. Unfortunately the Gold stocks and some currencies and other 'risk on' markets are selling off which is a warning. And everyone and his dog is a wild eyed bull now on the broad market as well with them all on one side of the boat. And interest rates on the 10yr has sold off with the broad market rallying which is also a warning as they tend to move in the same direction. So paranoia aside this chart sees short term support at the uptrendline and more significant support at $31. I've already been burned by Silver in Dec when it broke below $31 support so would not buy unless it pulled back to this level again. Notice Gold break back down below $1680 support and the Gold stocks plunge. Not a sign of a bullish precious metals market. Seasonal trend charts are bullish into mid Feb.