Only twice in the last 11 years have all of Mike Paulenoff's directional weekly moving averages turned down into a negative crossing, which subsequently confirmed that an acute, intermediate-term bear phase was underway.

This morning's crude oil inventory report showed a bigger than expected drawdown.

Mike Paulenoff takes a closer look at the iShares Silver Trust (SLV).

Remarkably, the 10-year yield has declined beneath its December 2008 "crisis" low.

Although the big picture view of the last four years of action in Kinross Gold Corporation (KGC) might not look like a classic bullish technical set-up, Mike Paulenoff likes the look of the coil pattern.

Cisco (CSCO) spiked up this morning, which confronted its July-August resistance line.

Although the action in spot silver is a bit uneventful, the near-term technical picture and setup remain relatively positive.

The vertical surge in the SPDR Gold Shares (GLD) in pre-open hours Tuesday has the look of the start of upside continuation.

Only twice in the last 11 years, both 2000 and 2007, have all of Mike Paulenoff's directional moving averages turned down into a negative crossing.

What does Mike Paulenoff see for silver and the iShares Silver Trust ETF (SLV)?