Silver prices recently broke out of a daily ascending triangle as well as a downtrend line. I believe that as long as Silver stays above the lower
trend line in the ascending triangle, it could move higher.
The SPY which is the ETF the tracks the S&P 500 is forming a large ascending triangle. Note the rising 200 day moving average as well. This points to bullishness and if SPY can breakout of this pattern we will be looking at higher prices for the US market.
The Dow has broken out of a long and wide consolidation box. This is usually a very good thing. With ample support
at 21080 area and also the psychological area of 21000, the Dow is healthy and looks set to move higher in the future.