Sunday, April 25, 2010

April 26 CL & ZS





No clue yet how CL and ZS will do. CL at the top at bearish channel. I think CL may retrace to create a new up-channel. Target price would be 84 - 84.5. If not then the price may shoot through the 1 year hight at 87. Bias still bullish.

ZS stil on the healthy uptrend. I think retracement to 1000 may happen today before soar through the roof.

Weak EUR vs DX today may support the YEN movement. (no charts yet)

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