Premarket Silver Action

Last Friday, May 6, the official low for the Silver ETF $SLV was 33.60, but if you were paying attention to the premarket trading you would know the real low was 32.28.  Premarket this morning, $SLV has traded as low as 31.55 and has been trending higher above a rising VWAP.  The inset chart shows this morning’s trading in $SLV on a one-minute chart. Only the most aggressive traders should be involved.