how about $112 or $120...the bottom of the bullish flag is around $110 to $112...an overshoot would likely take us to $120ish...and with a high probability of a dramatic reversal.
Though these projections are indicated as an accellerated move on this chart, that is simply because the was not much space. It may take a while to move through these waves or it may happen really fast...but these are certainly some interesting points.
Friday: July Personal Income and Outlays
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
4 hours ago