SLV 3pm December 20th

A couple of POMOs happened today with 10+ billion in bonds being purchased.  As you can see they affected the silver chart dramatically.

Can you guess where they happened?

Important to note the volume around 2 pm.  In my opinion, that volume spike has placed a decent resistant point 28.65 on SLV.  In the morning. made a trade 7.03 to 7.16. And I am going to get a position by the end of the day.

Cyan = entry
Purple = exit
Start = 11am ish

This time period coincided with the POMO


Thought this was a very interesting chart.

From: ZeroHedge.com