SIL broke down on the Log chart last week, so we should watch to see if it can get back above that lower rail and move higher. Otherwise, we could be looking at a back test and SIL leading the other PM ETFs downward. I’m leaning right now toward a FBO on this ETF simply because it was an exception last week in breaking down below the lower rail, and SIL did not break down last week on the arithmetic chart.