Mar 14 lost 20 points today to settle at 85.83. Today’s settlement was within the lower one quarter of today’s very tight 85 point trading range (85.70 – 86.55).
The technical bias for the front month remains somewhat bullish. Mar 14 further managed to again settle above most SMA benchmarks and other key resistance points.
For Mon, our directional call for Mar 14 is for…