Do you remember Monday´s range extension? (3335,75), Do you remember Wendnesday´s range extension? (3287,75), i hope you do because
today´s gap is repairing those poor and weak points, eventhough, friday´s structure is poor at 3243, and also we are opening in a 1% gap up, i am neutral because of the energy spend friday´s and overnight, if the momentun is strong i would be with the trend a good support would be 3310-3312, and the scenario that i expected is a range holding the gap ( sfew chances to trade), and the last one would be price going back to 3300 area
today´s gap is repairing those poor and weak points, eventhough, friday´s structure is poor at 3243, and also we are opening in a 1% gap up, i am neutral because of the energy spend friday´s and overnight, if the momentun is strong i would be with the trend a good support would be 3310-3312, and the scenario that i expected is a range holding the gap ( sfew chances to trade), and the last one would be price going back to 3300 area