The market in pob saw some higher price movement automatically the market in pob did not give us same type of weakness we talked about on the previous day the market in pob went up about 29 cents immediately should have been some hesitancy maybe my prediction is not wrong and maybe i need to take the other side of the trade .
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The price to go higher you see and even on our restriction line we had our restriction point in pob there around 26 cents and the following day august the market price in pob was still able to move higher it was a very small move higher
It's still confirmed the price in pob was going to go higher and that is precisely what the market has done the market prediction the market in pob still gearing up for higher prices we still expect this price in pob to go higher.
We'll be down about how far the market in pob has gone from july that is pretty much a straight shot higher naturally you won't expect us to come back down eventually this movement over the last month.
This month of august has been pretty much a straight movement high in price what is going on this is why technical indicators cannot predict this type of movement this is pretty much a very bullish movement we need to see can it be maintained we've identified the trap has confirmed some areas of support into the market
We need to do because we were tracking the market in pob under the premise is going to follow this line we was looking for that market price in pob maybe to give us another leg movement lower around 26 cents we don't need to keep this line on our chart.