Tuesday, May 06, 2008

E-Mini-Crude (QM) Makes New High

My QM SWING Chart above...
I was wrong last week, when I mentioned that a possible interim top could be in place for the QM. The challenge of Support was swift and PRICE quickly went back up to challenge Resistance, and created a PRIME New High at $120.325 in last night's trading.
Truth be told, this Bull looks set to test new boundaries, now that the POSITION Chart is beginning to turn up as well.

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