Already had a much higher daily close. Seems it is only a matter of time before multi-month high is broken.
Exactly. And by you stitching all my previous comments, more than half of which I can't even remember, leads me to say just that, "WTF?". When I said this is the déjà vu moment, I'm predicting that price will repeat the previous move, namely it will go back down. Surely, you're not expecting me to hold your hands all the way down, are ya?
Nah, my meaning is that for you it may be obvious what the déjà vu was about, but for me (or others) it may not be so clear. I'm sure you're a fine, handsome guy, but it's a bit late in my life to start holding hands with strangers on the internet Anyway, I think it's going to break to the upside, but it may take more than one touch (i.e. I think we will see 165 before we see 152 again. Best trading to all!
Long wicks on two prior daily candles look like accumulation. Will folks wait for Friday's PCE report?
Well, I think they'll be more interested in the stats coming out of Japan. Both unemployment and CPI will be released on Friday, Tokyo time (or Thursday in the US). Times are in PST