Near Term Trend: Neutral to Positive
Friday’s Close: 358’4 (UNCH)
UPDATE: Our theme four months ago: Quite bullish as long as support at 327’0 holds”. Subsequently, once price action traded above the 335’0 and held, the market barely looked back. There were some stops and starts of upside momentum, but overall the rally has remained intact, but stalling.
Key resistance stands at 371’0.