Despite only 25bps, sell-off was restricted to tagging the neckline again. We're looking at a bull flag now from the move up from 107.3k. Minor double top at 117.3 and breaking it would see price up to 123.3k. Any speculation of FED policy error i.e. cutting into inflation, will see price up to our target of 150k in the next 2 months.
Discussion about this post
No posts