is primed for a pullback. Starting to see long wicks that indicate that the bulls can keep it going. Could be the CD leg of a Harmonic pattern
starting. Looking at the RSI
the commodity is very over bought over 80, close to 100. If this is the start of a bull
market then we probably wont get a big pullback. I'm looking at 1181 or 38.2%. This should give enough time for the RSI
and %R to get back to 20-30.