End of day update from us here at KOG:

Interesting day on the markets which started well with price hitting the RBs above and then giving us a nice short trade on the retracement. For some reason the indicator is suggesting caution on long so unless we get a pull back here I'm a little cautious on following the path upside right now.

What we would like to see is a pull back in the coming session back into the 4055-40 region which is where we can then look at that opening of the 4100 as per the previous report. Unless we break above the hot spot higher, we're still concerned about a reversal and a deep move down, so let's play it level to level for now.

From Camelot this morning:

Break above 4070 for 4095✅, 4010 and 4116 in extension of the move
Break below 4046 for 4041, 4029 and 4020 in extension of the move

As always, trade safe.

KOG