LH : Some chance of a new multi year high… to 8 or so.

LH has stiff resistance at 7.00-7.10 and again at 7.50. Both levels should be retested shortly, but there is some chance it may manage a spike to 8 or so this time – all it needs are some very strong flows and market maker activity.

Entry at 6.65 or so can still be considered, but if it passes 680 this morning on strong buying, then it will probably hit 7.00-7.10  today or tomorrow.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: