Blog Archive

Friday, October 21, 2011


As mentioned yesterday, 1220 was a critical level for the Bulls.  Price is currently pushing through the heavy resistance at 1231.50 and coming up on the 61.8% Fibonacci at 1235.00.

This may be the breakout I've been looking for even though 1185 was not tested again.
Let's see if these gains are held past 11:00.
If this is the break out then 1253 would be my first target with a final target of 1280 to 1325 near the end of this month or the beginning of November.

No comments:

Post a Comment

Today's Feature