March silver spent the second half of the week fighting its way back from Monday and Tuesday’s move lower. Wednesday we saw a push down to the weekly low of 17.28 before recovering and closing positive on the day. It looks that the market is uncertain on a direction with potential virus/economic developments popping up around the world. This should lead to choppy trade with a slight lean to the upside with any alarming headlines and/or pullbacks in equity markets providing support. The bear side is looking for statements regarding the slowing or containment of the virus or a continued upside push in stocks. The March contract is continuing in a sideways channel and needs to see a push above 17.97 to go test resistance at 18.48. A close under 17.45 would give the bears control and push the market back down to the 17.00 level.