Silver closed higher on Tuesday. The midrange close set the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signalling that a low might be in or is near. Closes above the 20day moving average crossing are needed to confirm that a low has been posted. If it renews this month's decline, the 75% retracement level of the 20082011rally crossing is the next downside target.