The 43.610 target given here last week remains valid, although 43.910 is possible if the futures exceed the lower number by more than a two ticks. The implications of these numbers will be different for each of you, but I’ll note once again that the target range looks like a compelling spot for a pullback or even an intermediate top, so beware. _______ UPDATE (10:30 a.m. EDT): The futures have gyrated wildly this morning after peaking at 43.56, a nickel shy of my target. Caution is still advised.
