THE KOG REPORT - Update & NFP analysis End of day update from us here at KOG:
We managed to get the move into the red box we wanted which should have been a enough for the day. However, the levels were so clean during NY that we managed to get another decent trade into the Excalibur target to complete the day.
With NFP tomorrow and a US holiday on Friday, we're going to share our levels and view but due to unforeseen circumstances, I won't be around for the rest of the week to see it through.
We've added the updated red boxes, the key levels and the potential move if they break. So far, we've had a good week, so these levels are simply for reference and unless there is a clean set up, our traders will stay away until Monday.
Red boxes:
Break above 3350 for 3355, 3362, 3373, 3375 and 3390 in extension of the move
Break below 3335 for 3320, 3316, 3310. 3306, 3298 and 3285 in extension of the move
The week so far:
KOG’s bias for the week:
Bullish above 3250 with targets above 3278✅, 3285✅, 3297✅ and above that 3306✅
Bearish below 3250 with targets below 3240, 3232, 3220 and below that 3212
RED BOX TARGETS:
Break above 3275 for 3279✅, 3285✅, 3289✅ and 3306✅ in extension of the move
Break below 3260 for 3255, 3251, 3240 and 3235 in extension of the move
As always, trade safe.
KOG
