Silver Update

SLV reached the apex of the consolidation (where a directional move is expected) and broke out on an increase in volume.

 Breakout with volume

 3C raced higher on the 1 min scale, it's still not in confirmation, but moving in the right direction. SLV needs to be watched for any head fakes at this point.

The 5 min chart may not have had time to respond yet, but is slightly out of confirmation. Again, a drop below the Apex in silver / SLV could lead to a quick move down intraday so if you have the ability to set a price alert, I would if you are in the trade.