If Cummins could bomb away the resistance @ 120$ (Action Point No. 1) , the way up to Action Point No 2 @ 124 $ is opened.
Above 124$ a strong buy-Signal would be initiated, the maintrend since 03/2014 would be overcomed.
Will Action Point no 1 not be bought directly, a dip to the former low @ 106$ should be exspected. Prices below 104$ are bearish.
Thats just my view, please trade your own view :-)
Above 124$ a strong buy-Signal would be initiated, the maintrend since 03/2014 would be overcomed.
Will Action Point no 1 not be bought directly, a dip to the former low @ 106$ should be exspected. Prices below 104$ are bearish.
Thats just my view, please trade your own view :-)
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from Action point no 1 to no 2 :-9 now it`s getting interesting
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