on last friday CMG rallies to green on - 500pt day before closing slightly red on -600pt close on dow. held support at $489 and rallied back above that. no reason to be below $400. $500 coming soon. bad idea to short here.
in the bag this week. last week touched $414 2x back to back before brexit hit. today up strong as it approaches $414 again. lots of momentum this time with lots of room to run higher. Could even see $430 by friday. I expect $420 tomorrow with a close around $410 today. thats 2.2-2.5% from the close today.