It could be right. Maybe it's seeing something the euro isn't picking up on but for now I'm hesitant to go that high. Maybe bump it to 6-8" if it continues. This is Richmond btw which finds ways to get screwed.
This is very bullish. Could be right but has high bust potential. 4-6" seems reasonable for now. Even the day before, models are struggling with all of the moving pieces. Will continue to see what the short range models say.