THE KOG REPORT - Update

End of day update from us here at KOG:

Yesterday we said we had the higher levels in mind 2385 and above that 2405. As you can see we hit the first level, however, the pullback fell short of the 2405 region which is where Powell may take the price now in the remainder of the session.

For that reason, support stands below 2380-85, with the first region being 2405 and above that 2415. We've added the higher regions above to look for RIPs, but don't try and catch the top too soon! It's going to be a bumpy ride again with the lower regions open, so again, a sudden turn is on the horizon.

As always, trade safe,

KOG

Kommentera:

Support held, we've taken first Target at 2395 which is also the level that needs to break upside!