Marko indeed. Here is my take on it posted for today.
I am going to keep this brief in view of its crooksday. NFP’s have been cancelled today due to US Government pollux SYSTEMS wise we have a magnitude of +ve KHC’s which suggest a +3/+5 minimum but against that we also have a KTS and BDIP in play (bearish combo) The KTS is a KTS5 which can often lead to a pop on DAY1 and then drop on DAY2 or intraday pop and drop. Resistance to is 1675/7 area. Above that resistance is at 1680 and above that it can try for a rally. Support is at 1663 below which it will continue to make lower lows. As it stands I may short 1677/80 but probably do nothing until RTH
Following on from that. This was the plan.
For me Gap supported so therefore I have no desire to short this until last resistance at 1680 as per above. Then one will need a stop above that as a break up of 1680/1 can lead to higher prices.
Perfect plan and worked a treat
Plan your trade, trade your plan!