Thursday, September 06, 2007

ICE is About to Bust a Move

A break (close above/below) of either blue line in the daily symmetric triangle should lead to a $30+ move, my guess is down. Thats based entirely on the chart with the recent failed cup n' handle, severity of the breakdown a few weeks ago and other indicators pointing lower. Although, as far as I can tell the fundamentals say higher.


Time to test par?

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