Technical opinion on MAR13 MGE ?

[boarderbloke]

Range bound for 13 weeks.

$0.70 range; $9.92 - $9.22.

volume rising.

close, nearing midpoint of range.

although trend over the period maybe to the lower.

<a href="http://futures.tradingcharts.com/chart/MW/33?anticache=1350592163"target=blank>MAR13 MGE</a>

any flags forming?

any technical opinions?

[boarderbloke]

updated chart for thursday,

<a href="http://futures.tradingcharts.com/chart/MW/33?anticache=1350593596"target=blank>MAR13 MGE</a>

[boarderbloke]

much the same pattern as MAR13WHT KCBT

<a href="http://futures.tradingcharts.com/chart/KE/33?anticache=1350601636"target=blank>MAR13WHT KCBT</a>

[cottonpicken]

Although its pretty boring,i see it as good news with a
nice floor price being set.

[boarderbloke]

maybe we're going to start moving today.