http://stockcharts.com/gallery/gv?ice
note the PnF breakout signaled today by the move to $58.
today's news:
8:31AM IntercontinentalExchange reports record futures volume in January, nearly 70% increase in OTC commissions (ICE) 55.20 : Co reported record volume in its futures business segment and a strong increase in trading commissions in its over-the-counter business for the month of January. ICE Futures volume increased 71.8% over last January, fueled by monthly records in key products, including IPE Brent Crude futures, IPE Gas Oil futures and ICE Futures' ECX CFI futures contract based on the European emissions market. O.T.C. commissions in January 2006 increased 69.7% compared to January 2005. ICE continued to attract new market participants seeking electronically traded energy contracts, increasing liquidity and traded volumes in both the futures and O.T.C. markets.
Edited by hiker, 03 February 2006 - 02:28 PM.