Wedge breakout - SELL the trend
-Price broke support of wedge and trending down very nicely. My first target will be previous low @ 102.15
-102.0 is a significant area of resistance with test in July '16, June '13 and Feb '13.
-Watching 102 very closely, if price holds to that area of resistance I will close entire sell position - if it breaks and continues to trend lower I will keep 1/2 position on.
-102.0 is a significant area of resistance with test in July '16, June '13 and Feb '13.
-Watching 102 very closely, if price holds to that area of resistance I will close entire sell position - if it breaks and continues to trend lower I will keep 1/2 position on.
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