The pattern shown in the chart is as phony as a zircon, since its point ‘B’ failed to surpass any external peaks, and also because the initial thrust from ‘A’ has so far produced no fewer than three tentative ‘C’s. We’ll put all of that aside, however, to project a minimum 88.40 on the next thrust, since the futures look oh-so-eager to ascend. If the target is reached, that would refresh the bull trend by surpassing the external-ish peak at 88.11 recorded on Tuesday.
