That sounds right to me. This is of course all depending on what's coming out of the Middle East and assuming there's no major development other than the potential for one. And no other major developments. 90 might be a good reversal short. We'll see how it goes.Quote from schizo:
I don't think this thing will pop back up to its previous high, but I believe we can squeeze at least one more point (90 on CLJ1) before the move is over.
Quote from BCE:
That sounds right to me. This is of course all depending on what's coming out of the Middle East and assuming there's no major development other than the potential for one. And no other major developments. 90 might be a good reversal short. We'll see how it goes.