10am update - more of the same

Good morning. The market is opening moderately higher.. Bears face massive problems across the next two days, big POMOs, and its quad-opex. The USD is slightly higher, although Oil is a touch higher, precious metals are recovering from opening declines.


sp'daily5

SLV, 15min

Summary

So..we're opening higher..and we still have the POMO fuel that might kick in later today.

As I feared, a weekly close in the sp'1570s seems very viable.
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Silver has put in an opening reversal candle - much like last Friday.
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*I remain long USO and SLV...might hold into Friday.