Daneric has it going to 78.6 Fib at 1085.95.
IHS target approx 1090-1092.
There is an intra day gap from Oct 26th 2009 at 1085.
If we have a gap up open today, we will have two unfilled gaps within a week (1046.50 and 1069.30). We should fill at least one of them soon.
GAME PLAN: Short between 1085-1090 level using Dec puts.
Follow me at my favorite blog- Annamall
GLTA
Oil ......... Escalated Quickly, So What Now?
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In my last post on oil on Tuesday 3rd March I was laying out the very
bullish scenario on oil that had been forming since a series of falling
wedges from...
2 hours ago