Silver had a hugely bullish day today and I am loaded to the gill with miner positions and lovin it right now.

That said, these end of day charts on Silver and the SIL Miner ETF show that resistance will need to be over come for a continued move up.

Screenshot 2016-04-19 16.02.56 Screenshot 2016-04-19 16.09.48

Here is the chart on SIL, which I do not own but the daily RSI hit 78 today. (I do own AG, EXK, and GPL which were all over 80 so I took some chips off the table for now).

Added: Bullish looking breakout from what looks like a classic Cup & Handle. If this continues to play out, I will be buying back at higher prices. 🙁

Screenshot 2016-04-19 16.12.20 Screenshot 2016-04-19 17.31.36