Good Morning. Same story, Globex strength, especially out of Europe leaves the market open to being faded in cash hours. Bears have put together modest lower highs and needs the to keep the 2179 price protected and push below support into the lower target area. Bulls need to break the 2179 price early, establish a floor there, and push to the upside target.
2187 (*) Target Above 2184
2184 (*) Top of Ceiling Area
2181 (*) Beginning of Ceiling Area
2179 (*) Early Pivot Today
2174 (*) Support Zone Begins
2170 (*) Bottom of Support Zone
2161 (*) Target on a Break of 2170
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC
