Why would it come back to $3 mate? Reasoning would be lovely... I think it will go to $100....... You might be right but that seems like a guess. Personally, and this hasn't got much to do with the heads and shoulders pattern here but I think we will race to $3.50 level again if Europe stays the same and oil continues around $100. Seems like a good channel from $3.20 - $3.50. I could be wrong but that is my guess with reasoning. Another EFS announcement could prop it back quickly or we may have to wait a bit longer.
Cheers.
chart, page-6
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