Near Term Trend: Positive
Fridayâ€™s Close: 378â€™2 (- 1 3/4 Cents)
UPDATE: NOTE: We have rolled to the July contract.
Uncanny how the high in July 2016 and the high in February 2017 is 396â€™0 (perfect double top). That is the line in the sand between a significant retrace and and a major upside breakout which could define a bullish 2017.