Review & Plan - Friday
Plan for Today:
Overnight has shown negative flow and ranged from 2080.00-2071.75 so far (yesterday's RTH low).
Short term balance is around the 2075.50 HVN, which will be my intraday bull/bear level.
The poor low from yesterday is being tested overnight which if broken could see stops elected and shorts push into target the 66.75-69, 61.50-63.50 and the 55.25-57.50 zones. This would still keep the longer term bull move intact, but acceptance below there could see a move back down through the longer term value area.
A move back above 2075.50 puts bulls back in control to target the upper zones, though there needs to be more volume and momentum than we've seen recently. Zones for today are below: