4hr Head and Shoulders SilverSilver FuturesCOMEX:SI1!pinochleprince18Possibly the most broadcast-able head and shoulders is developing in Silver on the 4 hr chart. While my last post was bullish on an inverse head and shoulders in silver, that chart looks to be deteriorating quickly. At this point $66.18 or thereabouts is the line in the sand. If broken significantly it means that the upward sloping trend line in white has broken and it's more likely that a downtrend develops. However as noted, this is possibly the most broadcasted head and shoulders ever seen. It's so obvious on the chart that it makes me feel like I'm being watched. We'll see how this plays out.