Thursday Plan
The overnight range has so far held above yesterday's IB high (89.25) and the market remains strong above there. If there is a break through the overnight low then I'm waiting for the 81.50-82.75 zone for potential longs, depending on market dynamics at the time. The resistance zones marked are not areas I want to short necessarily, more pause points on a move up.
After yesterday's breakout my main expectation is for higher prices to hold and potentially extend yesterday's range or to consolidate within yesterday's range. The least likely scenario I see would be for yesterday's gap to fill in today, given its magnitude.