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TFC Commodity Trading Forum

Swiss Frank *PIC*

SF may be ready for a move...
With ending action happening on Aug. 2011 (a BC). I appears we are in distribution (to build cause), confirming the BC.
Once complete we should see markdown for a bear market move.
It’s way too early for along term objective (for this timeframe), I simply don’t have the time to work up a P&F chart.
But after last weeks rejection of the Jan. 30 selling bar & low end close. If we get follow thru I’m looking for a short term move to 91.15