The 10-bar
double stochastic has turned up indicating higher prices are likely with
a test of the 581 high possible. The mid-cycle pause price objective for
the 10-week cycle "ABC" is 578, which was met when the most recent trading
cycle topped at 581 at "D", as prices also tested the 6.2 standard deviation
K-band. Prices failing to exceed 581 should be followed by a decline to
500 - 520 as the next trading cycle bottoms in late March.
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