Monday, August 25, 2014
Thanks for noticing! I was off by 10 handles, but I'm happy with the forecast. We are approaching a range between 1965 and 1985. If we break through that range I believe we will see 2040 or higher. I don't follow fundamentals but I believe there may be some news coming that will concern currency revaluations that may kick things off one way or the other.
While the market did not exhibit a range 1985 did cause the market to pause. 2040 or higher is still my target.
Posted by Robert Campbell at 10:30