Normal
Today September futures expire, and we move into Decembercontracts.The same pattern of higher prices as it chases the forwardfuture contracts is playing out once again. Just anotherre-occurring pattern so that forward modeling of future eventscan be made.Modeling pattern is the move towards October-December highs in the next Quarter, and as already pointed out before, expectedhigher prices in 2008.Any rotations down occurring from higher weekly opens/monthlyopens after expiry, and my support zone is 6135 in the next Quarter, and then looking for a new move higher into 2008….Frank DilerniaJust another 'better-guess'
Today September futures expire, and we move into December
contracts.
The same pattern of higher prices as it chases the forward
future contracts is playing out once again. Just another
re-occurring pattern so that forward modeling of future events
can be made.
Modeling pattern is the move towards October-December highs in
the next Quarter, and as already pointed out before, expected
higher prices in 2008.
Any rotations down occurring from higher weekly opens/monthly
opens after expiry, and my support zone is 6135 in the next
Quarter, and then looking for a new move higher into 2008….
Frank Dilernia
Just another 'better-guess'
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