Possible bottom put in for silverSilver FuturesCOMEX:SI1!mrkd1904After what looks like a classic Wyckoff accumulation for roughly two months (June 24th, to August 4th) and the most recent breakout higher it looks like we've put in at least a local bottom. If this is the case at current this prints a massive bull flag pattern with a measured move to roughly $238. This will not happen in a straight line but technically, silver, and for that matter most commodities seem to be in the "early innings" of a structural bull market. The run to the $120's was just the first move higher. This specific thesis only in terms of price target is invalidated with a new low being formed taking out the accumulation zone of roughly $55-$61. Even then it just resets the price target lower. Time will tell.