Over night is happy at these new low prices and any bounce that fails looks like good shorting points. the top of the red zone could be a strong rejection or the gap fill watch both. In the event of gap fill and it remains at those levels next stop could be 2960.
Will be looking for a move to 2900 if we start moving lower. but remember after big moves can be a period of consideration so adjust expectations as we see how the day is responding.
Will be looking for a move to 2900 if we start moving lower. but remember after big moves can be a period of consideration so adjust expectations as we see how the day is responding.