Bread and Butter Chart (daily swings) --- Breakout Soon
Getting close now.
Probably the neatest chart I've ever made.
Targets are clear. Would be shocked to see it get above 26.10 for a sustained period of time, in 2014.
If we see those levels I will likely, but only if we see resistance candles.
Anything is possible, it could slice through it like butter. But I expect 25 to breakout to get people to long this market, but it will find its true resistance near the $26 level.
Keep it simple, stupid.
--- 1/3/2014
Probably the neatest chart I've ever made.
Targets are clear. Would be shocked to see it get above 26.10 for a sustained period of time, in 2014.
If we see those levels I will likely, but only if we see resistance candles.
Anything is possible, it could slice through it like butter. But I expect 25 to breakout to get people to long this market, but it will find its true resistance near the $26 level.
Keep it simple, stupid.
--- 1/3/2014