We clocked an overnight high of 2017.8 with the Russell futures as Asian participation pushed us higher and as is customary in recent months, European premarket into their session sold US futures. A simple RTH based Fib measure is indicative of Fib support sitting between 2002.8~1999.4. Catching this mid-stream in this setup would be best if taken between 2005.2~2007.7 with a stop at or below 1999. Per contract risk therefore with trades taken at the lower band of the suggested entry range is -$310 while holding into the profit target which is above the ONH at 2020.3 would be +$755.
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