agree, headed low 80s due to poor materials complex, but with...

  1. nih123
    619 Posts.
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    12/10/14
    00:02
    Post #: 14111954
    agree, headed low 80s due to poor materials complex, but with positive 2.5% carry still, and very oversold levels, its due a consolidation imho.

    further short rallies are expected still. i think its range bound 86.5 to 88's for a while, as the positive carry will hold it up, and it appears USD index has topped out on the charts for this year.
    Last edited by nih123: 12/10/14
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