Tuesday, January 13, 2009

Forecast- Targets

Ok- Here it goes
The Monday -Tuesday range has now been established so we can form some additional targets.....ON the downside we get
844
830
on the upside we have 900 and 914
The monthly has a lower target of 848 so if we see prices in the 844 - 848 it may get interesting..
I'm leaning towards the upside breakout though as we have tried to break down the last two days below the longer term composites high volume node and we haven't been able to do it. We have a weekly pivot up at 903. On the way up I'll be watching the 884 area.

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