March Silver has closed below $31 support. This is likely a breakdown with a selloff to the $30 area once again. The breakdown of $31 support in Dec and then re-clearing $31 and testing it again in Jan and again in Feb suggested this support would not hold up. The breakdown in Dec showed the vulnerability of Silver at this price level and simply regaining it as support soon after made this support level a weak questionable one. This often occurs in markets making the "re-clearing" of that broken support soon after a short term bounce back with little support there again and high odds of failure. Note the bearish techniclals. Nothing bullish about this chart whatsoever presently. Only rallying through $32.50 would suggest a trend back to up.