End of day update from us here at KOG:
Yesterday we gave the range of play with the support level to look for to hold and the target region above of 2910, which was hit. We then published the daily bias and red box targets out of which the bias levels targets are all nearly completed as well. All together a smashing 9 targets hit in Camelot today, not a record, but a good result for the market conditions we're witnessing.
Now, we have key level support at 2920 which will need to hold us up with resistance sitting at the 2930-35 region. if they want to open it up, a pull back into 2920-15 would be ideal and if we can reject above, maybe we'll get a short as a bonus.
KOG’s Bias of the day:
Bullish above 2902 with targets above 2920✅ and above that 2930
Bearish on break of 2902 with targets below 2894, 2887 and below that 2880
RED BOXES:
Break above 2916 for 2920✅, 2927✅ and 2930 and 2937 in extension of the move
Break below 2902 for 2895 and 2890 and 2887 and 2882 in extension of the move
As always, trade safe.
KOG