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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: robert b furman who wrote (12146)2/16/2012 12:28:36 PM
From: Chip McVickar  Read Replies (1) of 12410
 
Message 27926203

This chart is still active...

Notice how we've reached the blue median line and are now traveling along it to the cross of an upper tine and two median lines.

Also notice the TPs for late Feb...
This is very powerful area.

Where price is pushed after this conjunction should establish a new trend...

Or a substantive confirmation of higher prices with a reach for the upper tine at about 15000
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