It'll be very, very interesting to watch silver this week. Are we actually going to see the enough buyer(s) of size stand for physical delivery that the Comex fractures and begins to fail? Read Harvey right now.
Set an alarm on your phone for 8:30 EST tonight, too. By then, Harvey will be out with his all-important analysis of Friday night's open interest. Whether or not you're actively trading and attempting to profit from this situation shouldn't matter. It's great and compelling theater.
In the meantime, keep an eye on the Dec10 silver contract today. A breach of 26.35 would be bad as it would indicate a drop to at least 25.75. A move up through 27.20 would be positive as it would signal 27.75. Personally, I'll be very surprised if we head lower here but with all the bs and nonsense coming out of the EU, anything can happen...at least in the very short term.