bullish close

  1. 20,972 Posts.
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    As predicted breakout well and truely confirmed. The interesting qn now is where will this run take us too as a first stop. My brother who follows TA suggested after the first run to 106 that it would move back towards high 90s before moving back up to confi 108/108 break out. And so it did. He now has 3 fib ratio points where he beleives this could mov to short term. I didn't keep the figures but I remember the lowest was high 120S and the highest in the 150s. Does anyone who follows technical analysis care to comment.
 
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