KEY EVENTS TO WATCH FOR:
Tuesday, December 28, 2021
7:45 AM ET. Weekly Chain Store Sales Index
8:55 AM ET. Johnson Redbook Retail Sales Index
Ret Sales Mo-to-Date, M/M%
Ret Sales Mo-to-Date, Y/Y% (previous +15.9%)
Latest Wk, Y/Y% (previous +16.4%)
9:00 AM ET. October S&P CoreLogic Case-Shiller Indices
10-City Idx, M/M% (previous +0.7%)
10-City Idx, Y/Y% (previous +17.8%)
20-City Idx, M/M% (previous +0.8%)
20-City Idx, Y/Y% (previous +19.1%)
National Idx, M/M% (previous +1%)
National Idx, Y/Y% (previous +19.5%)
9:00 AM ET. October U.S. Monthly House Price Index
10:00 AM ET. December Richmond Fed Business Activity Survey
Mfg Idx (previous 11)
Shipments Idx (previous 4)
1:00 PM ET. November Money Stock Measures
4:30 PM ET. API Weekly Statistical Bulletin
Crude Stocks, Net Chg (Bbls) (previous -3.7M)
Gasoline Stocks, Net Chg (Bbls) (previous +3.7M)
Distillate Stocks, Net Chg (Bbls) (previous -0.8M)
Wednesday, December 29, 2021
8:30 AM ET. November Advance Economic Indicators Report
10:00 AM ET. November Pending Home Sales Index
Pending Home Sales (previous 125.2)
Pending Home Sales Idx, M/M% (previous +7.5%)
Pending Home Sales Idx , Y/Y% (previous -1.4%)
10:30 AM ET. EIA Weekly Petroleum Status Report
Crude Oil Stocks (Bbl) (previous 423.571M)
Crude Oil Stocks, Net Chg (Bbl) (previous -4.715M)
Gasoline Stocks (Bbl) (previous 224.118M)
Gasoline Stocks, Net Chg (Bbl) (previous +5.533M)
Distillate Stocks (Bbl) (previous 124.154M)
Distillate Stocks, Net Chg (Bbl) (previous +0.396M)
Refinery Usage (previous 89.6%)
Total Prod Supplied (Bbl/day) (previous 20.454M)
Total Prod Supplied, Net Chg (Bbl/day) (previous -2.737M)
Thursday, December 30, 2021
8:30 AM ET. U.S. Weekly Export Sales
Corn (Metric Tons)
Soybeans (Metric Tons)
Wheat (Metric Tons)
8:30 AM ET. Unemployment Insurance Weekly Claims Report - Initial Claims
Jobless Claims
Jobless Claims, Net Chg
Continuing Claims
Continuing Claims, Net Chg
8:30 AM ET. 3rd Quarter U.S. International Investment Position
9:45 AM ET. December Chicago Business Barometer - ISM-Chicago Business Survey - Chicago PMI
PMI-Adj (previous 61.8)
9:45 AM ET. Consumer Comfort Index
10:00 AM ET. November Metropolitan Area Employment & Unemployment
10:30 AM ET. EIA Weekly Natural Gas Storage Report
Working Gas In Storage (Cbf)
Working Gas In Storage, (Cbf) Net Chg
3:00 AM ET. November Agricultural Prices
Farm Prices, M/M% (previous -1.7%)
4:30 PM ET. Federal Discount Window Borrowings
4:30 PM ET. Foreign Central Bank Holdings
Friday, December 31, 2021
N/A U.S.: New Year's Day observed by federal govt
N/A Extended deadline for the Federal Reserve's temporary U.S.
dollar liquidity swap lines with nine central banks
The STOCK INDEXES? http://quotes.ino.com/ex?changes/?c=indexes
The Dow closed sharply higher on Monday as it extended the Santa Claus rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's session begins trading. Stochastics and the RSI are becoming overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the aforementioned rally, the November 16th high crossing at 36,316.61 is the next upside target. Closes below the 20-day moving average crossing at 35,400.16 would signal that a short-term top has been posted. First resistance is the November 16th high crossing at 36,316.61. Second resistance is November's high crossing at 36,565.73. First support is the 20-day moving average crossing at 35,400.16. Second support is last-Monday's low crossing at 34,665.50. Third support is December's low crossing at 34,006.98.
The March NASDAQ 100 closed sharply higher on Monday as it extended the rally off Monday's low. The high-range close sets the stage for a steady to higher opening when Tuesday's session begins trading. Stochastics and the RSI are becoming overbought but remain bullish signaling that sideways to higher prices are possible near-term. If March extends last-week's rally, November's high crossing at 16,768.00 it the next upside target. Closes below the 50-day moving average crossing at 16,009.31 would signal that a short-term top has been posted. First resistance is today's high crossing at 16,545.00. Second resistance is November's high crossing at 16,768.00. First support is last-Monday's low crossing at 15,492.00. Second support is the 38% retracement level of the March-November rally crossing at 15,504.89.
The March S&P 500 closed sharply higher on Monday marking an upside breakout of the November-December trading range. Today's rally saw March post a new all-time high and the high-range close sets the stage for a steady to higher opening when Tuesday's session begins trading. Stochastics and the RSI are becoming overbought but remain bullish signaling sideways to higher prices are possible near-term. If March extends today's rally into uncharted territory, upside targets will be hard to project. Closes below the 50-day moving average crossing at 4623.42 would signal that a short-term top has been posted.First resistance is today's high crossing at 4771.50. Second resistance is unknown. First support is last-Monday's low crossing at 4520.25. Second support is December's low crossing at 4485.75. Third support is the 25% retracement level of the 2020-2021-rally crossing at 4435.97.
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March T-bonds closed up 8/32's at 160-23.
March T-bonds closed higher on Friday as it consolidated some of the decline off last-Monday's high. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 160-01 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. Closes above the 20-day moving average crossing at 161-25 would signal that a short-term low has been posted. First resistance is last-Monday's high crossing at 163-19. Second resistance is December's high crossing at 164-12. First support is last-Thursday's low crossing at 160-11. Second support is the 50-day moving average crossing at 160-01.
March T-notes closed up 10-pts. at 130.180.
March T-notes closed slightly higher on Monday. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling sideways to lower prices are possible near-term. If March extends the decline off last-Monday's high, the 50-day moving average crossing at 130.064 is the next downside target. If March renews the rally off November's low, the 62% retracement level of the August-November decline crossing at 132.065 is the next upside target. First resistance is the 50% retracement level of the August-November decline crossing at 131.171. Second resistance is the 62% retracement level of the August-November decline crossing at 132.065. First support is the 50-day moving average crossing at 130.064. Second support is December's low crossing at 129.310.
ENERGY MARKETS? http://quotes.ino.com/ex?changes/?c=energy ""
February crude oil closed sharply higher on Monday and above the 50-day moving average crossing at $75.40 as it extends the rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends the rally off December's low, the November 24th high crossing at $78.59 is the next upside target. Closes below the 20-day moving average crossing at $70.29 would signal that a short-term top has been posted. First resistance is today's high crossing at $75.97. Second resistance is the November 24th high crossing at $78.59. First support is the 20-day moving average crossing at $70.29. Second support is last-Monday's low crossing at $66.12.
February heating oil closed higher on Friday and above the 50-day moving average crossing at $233.52 as it extended the rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night trading session begins. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends the aforementioned rally, the 75% retracement level of the October-December decline crossing at $242.03. Closes below the 20-day moving average crossing at $220.51 would signal that a short-term top has been posted. First resistance is today's high crossing at $236.65. Second resistance is the 75% retracement level of the October-December decline crossing at $242.03. First support is the 20-day moving average crossing at $220.51. Second support is last-Monday's low crossing at $210.45.
February unleaded gas closed higher on Monday as it extends the rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends the rally off December's low, November's high crossing at 234.41 is the next upside target. Closes below last-Monday's low crossing at $201.61 would signal that a short-term top has been posted. First resistance is the November 24th high crossing at 226.84. Second resistance is November's high crossing at 234.41. First support is last-Monday's low crossing at $201.61. Second support is December's low crossing at $186.46.
February Henry natural gas closed higher on Monday as it extends December's trading range. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the December 6th gap crossing at 4.010 would signal that a low has been posted. If February renews the decline off October's high, the 87% retracement level of the 2020-2021-rally crossing at 3.050 is the next downside target. First resistance is the December 6th gap crossing at 4.010. Second resistance is the 50-day moving average crossing at 4.749. First support is the 75% retracement level of the 2020-2021-rally crossing at 3.535. Second support is the 87% retracement level of the 2020-2021-rally crossing at 3.050.
CURRENCIES? http://quotes.ino.com/ex?changes/?c=currencies ""
The March Dollar closed slightly higher on Monday as it extended the November-December trading range. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the November 30th low crossing at $95.50 would confirm that a short-term top has been posted while opening the door for a possible test of the 50-day moving average crossing at $95.35. If March renews the rally off September's low, the June-2020 high on the weekly continuation chart crossing at $97.81 is the next upside target. First resistance is the December 15th high crossing at $96.90. Second resistance is the June-2020 high on the weekly continuation chart crossing at $97.81. First support is the November 30th low crossing at $95.50. Second support is the 50-day moving average crossing at $95.35.
The March Euro closed slightly lower on Monday while extending the November-December trading range. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the November 30th high crossing at 114.17 would mark an upside breakout of the aforementioned trading range while opening the door for a possible test of the 50-day moving average crossing at 114.51. If March resumes this year's decline, the 87% retracement level of the 2020-2021-rally crossing at 110.60 is the next downside target. First resistance is the November 30th high crossing at 114.17. Second resistance is the 50-day moving average crossing at 114.51. First support is November's low crossing at 112.22. Second support is the 87% retracement level of the 2020-2021-rally crossing at 110.60.
The March British Pound closed higher on Monday as it extends the rally off last-Monday's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are still possible. If March extends last-week's rally, the 50-day moving average crossing at 1.3472 is the next upside target. Closes below the 20-day moving average crossing at 1.3278 would temper the near-term friendly outlook. If March renews this year's decline, the 50% retracement level of the 2020-2021 rally crossing at 1.2893 is the next downside target. First resistance is the 50-day moving average crossing at 1.3472. Second resistance is the November 18th high crossing at 1.3516. First support is the 38% retracement level of the 2020-2021 rally crossing at 1.3207. Second support is the 50% retracement level of the 2020-2021 rally crossing at 1.2893.
The March Swiss Franc closed slightly higher on Monday as it extends the November-December trading range.The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to lower prices are possible near-term. If March extends the rally off November's low, the November high crossing at 1.1042 is the next upside target. If December renews the decline off the November 30th high, November's low crossing at 1.0712 is the next downside target.First resistance is the November 30th high crossing at 1.0957. Second resistance is November's high crossing at 1.1042. First support is the December 15th low crossing at 1.0791. Second support is November's low crossing at 1.0712.
The March Canadian Dollar closed higher on Monday as it consolidates some of the decline off October's high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Multiple closes above the 20-day moving average crossing at 78.12 would temper the near-term bearish outlook. If March renews the decline off October's high, the 50% retracement level of the 2020-2021-rally crossing at 75.95 is the next downside target. First resistance is the 20-day moving average crossing at 78.12. Second resistance is the 50-day moving average crossing at 79.33. First support is last-Monday's low crossing at 77.13. Second support is the 50% retracement level of the 2020-2021-rally crossing at 75.95.
The March Japanese Yen closed sharply lower on Monday as it extends the decline off November's high. The low-range close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off November's high, November's low crossing at 0.086715 is the next downside target. Closes above the 20-day moving average crossing at 0.088086 would signal that a short-term low has been posted. First resistance is November high crossing at 0.088985. Second resistance is the 50% retracement level of the August-November decline crossing at 0.089417. First support is today's low crossing at 0.087075. Second support is November's low crossing at 0.086715.
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February gold closed slightly lower on Friday.The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the December 17th high crossing at $1815.70 would renew the rally off December's low while opening the door for additional gains near-term. Closes below the 20-day moving average crossing at $1786.90 would signal that a short-term top has been posted. First resistance is the December 17th high crossing at $1815.70. Second resistance is the November 26 high crossing at $1819.30. First support is December's low crossing at 1753.00. Second support is September's low crossing at $1723.70.
March silver closed higher on Monday as it extends the rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the aforementioned rally, the 50-day moving acreage crossing at 23.541 is the next upside target. If March renews the decline off November's high, the 62% retracement level of the May-August rally crossing at 21.003 is the next downside target. First resistance is today's high crossing at 23.150. Second resistance is the 50-day moving average crossing at 23.541. First support is December's low crossing at 21.410. Second support is the 62% retracement level of the May-August rally crossing at 21.003.
March copper closed sharply higher on Monday as it extends the rally off the December 15th low.The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, November's high crossing at 451.15 is the next upside target. Closes below the 20-day moving average crossing at 431.69 would signal that a short-term top has been posted. First resistance is today's high crossing at 449.15. Second resistance is November's high crossing at 451.15. First support is the 87% retracement level of the August-October rally crossing at 407.53. Second support is September's low crossing at 401.30.
GRAINS? http://quotes.ino.com/ex?changes/?c=grains "
March Corn closed up $0.09-cents at $6.14 3/4.
March corn closed higher on Monday as it extended last-Wednesday's breakout above psychological resistance crossing at $6.00. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off September's low, June's high crossing at $6.33 is the next upside target. Closes below the 20-day moving average crossing at $5.88 3/4 would signal that a short-term top has been posted. First resistance is July's high crossing at $6.16 1/2. Second resistance is June's high crossing at $6.33. First support is the 20-day moving average crossing at $5.88 3/4. Second support is the 50-day moving average crossing at $5.76 1/2.
March wheat closed down $0.10 3/4-cents at $8.04.
March wheat posted a key reversal down as it closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends last-week's rally, the November's high crossing at $8.74 3/4 is the next upside target. Closes below the 10-day moving average crossing at $7.88 3/4 would temper the near-term friendly outlook.First resistance is today's high crossing at $8.24. Second resistance is November's high crossing at $8.74 3/4. First support is the 50% retracement level of the July-November rally crossing at $7.50 1/2. Second support is the 62% retracement level of the July-November rally crossing at $7.21.
March Kansas City Wheat closed up $0.14 1/2-cents at $8.47.
March Kansas City wheat posted a key reversal down as it closed lower on Monday consolidating some of the rally off December's low. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, November's high crossing at $8.92 1/4 is the next upside target. Closes below the 50-day moving average crossing at $8.13 1/4 would signal that a short-term top has been posted. First resistance is today's high crossing at $8.71. Second resistance is November's high crossing at $8.92 1/4. First support is the 38% retracement level of the July-November rallycrossing at $7.81 1/4. Second support is the 50% retracement level of the July-November rally crossing at $7.46 3/4.
March Minneapolis wheat closed down $0.08-cents at $10.24 1/2.
March Minneapolis wheat closed lower on Monday. The high-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, December's high crossing at $10.47 1/2 is the next upside target. Closes below the November low crossing at $9.91 3/4 would mark a downside breakout of the November-December trading range while opening the door for additional weakness near-term. First resistance is November's high crossing at $10.86 1/2. Second resistance is monthly resistance on the continuation chart crossing at $11.22. First support is November's low crossing at $9.91 3/4. Second support is the 25% retracement level of the 2020-2021-rally crossing at $9.43 1/2.
SOYBEAN COMPLEX? http://quotes.ino.com/ex?changes/?c=grains "
March soybeans closed up $0.30 3/4-cents at $13.71 1/2.
January soybeans closed sharply higher on Monday as it extended the rally off November's low. Today's high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If January extends the rally off the November 30th low, the 75% retracement level of the June-November decline crossing at $13.83 is the next upside target. Closes below the 10-day moving average crossing at $13.00 would signal that a short-term top has been posted. First resistance is the 75% retracement level of the June-November decline crossing at $13.83. Second resistance is the 87% retracement level of the June-November decline crossing at $14.13 1/4. First support is the 10-day moving average crossing at $13.00. Second support is the 20-day moving average crossing at $12.78 3/4.
March soybean meal closed up $7.80 at $408.30.
March soybean meal closed higher on Monday and spiked above May's high crossing at $408.80 as it extends the rally off October's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the aforementioned rally, the 75% retracement level of the January-October decline on the weekly continuation chart crossing at $431.20 is the next upside target. Closes below the 10-day moving average crossing at $383.00 would signal that a short-term top has been posted. First resistance is today's high crossing at $409.20. Second resistance is the 75% retracement level of the January-October decline on the weekly continuation chart crossing at $431.20. First support is the 10-day moving average crossing at $383.00. Second support is the 20-day moving average crossing at $367.20.
March soybean oil closed up 143 pts. at 56.85.
March soybean oil closed sharply on Monday as it extends the rally off December's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 50-day moving average crossing at 57.92 is the next upside target. Closes below the 10-day moving average crossing at 54.19 would signal that a short-term top has been posted. First resistance is today's high crossing at 57.49. Second resistance is the 50-day moving average crossing at 57.92. First support is the 10-day moving average crossing at 54.19. Second support is December's low crossing at 51.10.
LIVESTOCKhttp://quotes.ino.com/exchanges/?c=livestock
February hogs closed up $0.33 at $83.55.
February hogs closed higher on Monday as it extended the rally off December's low. The low-range close sets the stage for a steady to lower opening when Tuesday's session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends the rally off December's low, October's high crossing at $87.48 is the next upside target. Closes below the 50-day moving average crossing at $80.04 would signal that a short-term top has been posted. First resistance is November's high crossing at $84.68. Second resistance is October's high crossing at $87.48. First support is the 10-day moving average crossing at $81.33. Second support is the 50-day moving average crossing at $80.04.
February cattle closed down $0.20 at $139.42.
February cattle closed lower on Monday as it consolidated some of the rally off last-Monday's low. The mid-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends last-week's rally, November's high crossing at $141.85 is the next upside target. Closes below the 50-day moving average crossing at $137.15 would signal that a short-term top has been posted. First resistance is the December 3rd high crossing at $140.38. Second resistance is November's high crossing at $141.85. First support is the 50-day moving average crossing at $137.15. Second support is the 50% retracement level of the September-November rally crossing at $135.74.
March Feeder cattle closed down $0.48 at $163.28.
March feeder cattle posted an inside day with a lower close on Monday as it consolidated some of the rally off last-Monday's low. The mid-range close sets the stage for a steady to lower opening when Tuesday's session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at $165.14 would signal that a short-term low has been posted. If March renews the decline off November's high, the November 12th low crossing at $158.12 is the next downside target. First resistance is the 20-day moving average crossing at $165.14. Second resistance is November's high crossing at $169.08. First support is the November 12th low crossing at $158.12. Second support is November's low crossing at $152.25.
FOOD & FIBERhttp://quotes.ino.com/ex changes/?c=food
March coffee closed lower on Monday. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 223.87 would open the door for a larger-degree decline into early-January. Closes above the 20-day moving average crossing at 235.78 would signal that a short-term low has been posted.
March cocoa closed slightly lower on Monday. The mid-range close sets the stage for a steady to slightly lower opening on Tuesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off December's high, December's low crossing at 23.33 is the next downside target. Closes above the 50-day moving average crossing at 25.19 would signal that a short-term low has been posted.
March sugar closed slightly lower on Monday. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 19.47 would confirm that a low has been posted. If March renews the decline off December's high, August's low crossing at 18.31 is the next downside target.
March cotton closed sharply higher on Monday as it extended the rally off December's low. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Today's close above the 50-day moving average crossing at 110.06 confirm that a low has been posted. If March extends the aforementioned rally, the November 26th gap crossing at 115.15 is the next upside target. If March resumes the decline off November's high, October's low crossing at 101.31 is the next downside target.
Thank much tallpine!
In Detroit with my 96 year old dad this week....playing lots of chess and enjoying the quadruple overtime of life that we’ve been blessed with by having this wonderful man....one of the greatest from the Greatest Generation still with us!!