Near Term Trend: Positive
Fridayâs Close: 369â6 (+ 3 Cents)
UPDATE: Our theme four months ago: Quite bullish as long as support at 327â0 holdsâ. Subsequently, once price action traded above the 335â0 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 371â0.