Should shoot up with a lot of momentum.
Jun 2016 closed at 1318 and i recon June 2017 will close above this.
The trend over the past 2 years have been an aggressive pull back pre the FMOC and then a rally post the FMOC regardless if the rates were hiked or not.
Pull back in June was not as deep as usually which could lead to higher highs by month end
Jun 2016 closed at 1318 and i recon June 2017 will close above this.
The trend over the past 2 years have been an aggressive pull back pre the FMOC and then a rally post the FMOC regardless if the rates were hiked or not.
Pull back in June was not as deep as usually which could lead to higher highs by month end