Near Term Trend: Neutral to Positive
Fridayâ€™s Close: 358â€™4 (UNCH)
UPDATE: Our theme four months ago: Quite bullish as long as support at 327â€™0 holdsâ€ť. Subsequently, once price action traded above the 335â€™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 371â€™0.