GREY:BXEFF - Post by User
Post by
ERTguyon Dec 09, 2016 5:04pm
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Post# 25578650
Closed above the upper bollinger band line
Closed above the upper bollinger band lineIn 4 of the last 6 trading sessions. I think this short term rally has more legs as we are in the midst of a rerate, and still below overbought territory on the 14 day RSI. Given 3 times the average volume increase south of the border I think this rally has legs to 1.40 next week now. Commodity rally should continue into next week when Russia confirms its cuts tomorrow. Cheers