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April 21 AM: Once again we see silver having a pullback to or below the previous resistance point.  Bulls must be aware that silver “always” does this.   We are using a chart of SLV to show this current pullback.

These corrections can be deep and long lasting, or shallow and brief.  We suspect that this is collateral damage due to trader/fund distress over the collapse of crude oil.  Many market participants are facing margin calls and are forced to sell everything.