Conclusion
Again we have two KHC+3’s and 2 KHC+5’s.
That would amazingly put us right at the resistance via THE LEVELS. These are two very different studies but via coincidence they are pointing to exactly the same area.
It remains in the same grindy down market with no real headway.
My guess has been TREND is DOWN however it is just not confirming it with this grind.
THE LEVELS suggests that above 1695 it can rally.
So for now its the same game of intraday trading and banking points, which is certainly tradeable.
I am putting overnight limits in to close 1687 short at 1683 for 4 points basis a undershoot of the 1682 support.
I would love to run it for the 167x.x print, but overnight when one cannot see it being played, it is unsafe to just gamble incase it undershoots exact support overnight and then goes for a rally to resistance.
Plan your trade, trade your plan!