End of day update from us here at KOG:
Yesterday we were looking for the move down which gave a lovely bounce early session into the resistance level we had mentioned. We said we would get a temporary bounce on the flip which and to watch the 2465-70 region. We got a nice short, although very frustrating and gradual into the lower levels again from that region completing a decent day.
We'll stick with the plan in Camelot, not looking to long unless we get lower pricing. Instead, the path shows a potential dip again with the level to watch 2450, and again a temporary bounce as potential in the early session. We'll again be looking at the 2470-75 region if we can hold above that order region 2450-55.
Its very choppy so please be careful, its also ranging and accumulating pending another big move, maybe tomorrow will tell!
As always, trade safe.
KOG