Hey Ronbo, Trades,
I think this little ratio is singing a very cautionary tune right here. Nicely above all 3 MA's currently, with the 50dma moving above the 200 (bullish cross). RSI, MACD, and Stochs are trending higher into bullish territory but no where close to overbought either, which means lots of room open to the upside. My gut is also tellin' me to be wary of some kind of massive 'event' coming out of left field. Thinkin' any kind of 'risk' trade is very vulnerable here, particularly in the commodity realm. The DX has been really perking up here lately too which urges close observation.
Best of trades to you both :)