March silver is trading 17.25 up about 10 cents on the day. This morning, the bulls seem to be in charge as the technical landscape is continuing to be supportive of silver. A break above $17.50 is needed to give the bulls the confirmation that near terms lows are potentially in. The global outlook for silver continues to be supportive. I have been watching the copper market closely and will comment on that soon, but in general, industrial demand for metals as the economy continues to rip and roar will be strong. Silver is generally friendly to the stock market. Other factors to consider are the Chinese domestic problem that could potentially could ad additional support. Overall the trend is up; a close below $16.50 will probably trigger a sell-off. I could see silver trading range-bound between $15-20 for a little bit proving a range-bound trading strategy using options.