Good morning,
market to open + 54
Well what can you say, she opened lod 204, ran up took out the 217 gap, to hod at 220, then collapsed to close 3 tics of lod..
which doesn't show a great deal of strength.
resistance today is sitting at 212
lets see if she has anything left in her, and see if she can tickle or close above 238 today, fortunately market to open strong.
We will also watch the Stochastic as well, as it approaches the - 30 line
her 13 ema is sitting at 204, for support but if it fails to hold then look for support is sitting at 187, if it fails then 1.825 will need to support..
have a great day, and take care
chart below
ac
(20min delay)