Yesterday we continued our march into new ATH’s, initially leaving singles behind in C-period and B-period. We were able to take out the singles in C-period and find support at the IB High. This setup a slingshot move to the IB 200% Extension, and further to almost the 7400 level.
Overnight in the globex session we have managed to push above the 7400 level but have balanced out the rest of the session, hanging around yesterday’s HOD and above yesterday’s settlement at 7389.50.
Let’s take a look at what to watch out for today and today’s key levels.
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