MURICO.com Forum

Re: Technically speaking------

as long as June keeps daily closes above 79.00 it has an open door to seek out the next marked target at 84.00 to retest the March 3rd high of 84.15. With cash now jumping $1-$2 a day and 2 weeks before the June contract has to defend however high it goes, an extra $2 higher is just a drop in the bucket. A seasonal timeframe for upswings, cash is in an uptrend, the last 12 months a new trend has taken at least 4 months to stop and a minimal $30 move. Why would anyone be in a hurry to sell when its very possible it could tack on another $10 before momentum is exhausted. I'm not making a prediction, just an observation of possibilities. Keep your DAMAGE CONTROL CARD with you at all times.

Messages In This Thread

The CME component on the kill for - - -
Re: Technically speaking------
Yes, Indeed, ITZ, now is the time to - - -