Great observations and chartwork as usual Trades. Silver is a crazy, schizoid beast of a market that's for sure! After the deep plunge earlier today she is now scratching and clawing her way back up again. Go figure! Also notice the action in Gold and especially the Gold stocks, which have now turned positive on the day. I suspect Silver will need the boost from Helicopter Ben tomorrow to get it over that $34 resistance hump, assuming he delivers the goods (full QE3) that the majority of market participants are hoping for. Most stock and commodity markets will get hit hard if he disappoints or waffles on it, and may even sell off on a 'buy the rumor, sell the news' dynamic regardless.

Anywho, tomorrow should tell the tale...some nice gap filling action on SLV with that morning bungi-drop down today...that must've scared the crap out of a few 'players' lol...