Sugar Rat/At Resistance *PIC*

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The Sugar Rat has reached the next resistance point which is the 25.50 price area. That is also the Fib 50% retracement point of the Aug to Dec selloff along with the CCI 20 at the very overbought zone above -200 I wouldn't bet the Sugar Rat will reach the cheese anytime soon. Other technicals are positive along with the seasonals but "resistance is resistance" and price is presently there. Only clearing and holding above 25.50 would suggest much higher prices back to the broken uptrendline. You pays your money and takes your chances.............

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