Friday, November 11, 2005

Board of Trade

Here is an hourly chart of Chicago Board of Trade A since its IPO last month.

I am estimating a box size of 54.51 points and have shown the 1/3 and 2/3 division points. I think that BOT will reach the top of the next box near 189 before the bull market ends. In the mean time I think that the next upside target will be the 1/3 point of the next box around 152.

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