Monday, June 17, 2013 8:56:09 AM
Today (From most likely to least likely):
A) Gap UP to ~1.45. Small run up to ~1.50, then drop back down to current levels. Linger there for a bit, then make a run EOD back to 1.50~1.60
B) Open at current levels, bounce around for a bit, then make a run up to ~1.50 EOD
C) Open at current levels, bounce around for a bit, then make another drop down to 1.25~1.30 and bounce there for a bit before running up tomorrow
This week:
Overall, I think we're going to grind our way back up to around the 1.75 ~ 2.00 range. But I don't think it'll be a straight shot back up. I think we'll kind of grind our way slowly up there.
Should be a good week here! Happy trading
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