Near Term Trend: Positive
Friday’s Close: 378’2 (- 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 396’0 (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.