
Now we are back into the range so expecting us to move to 16.25 where we'll likely move up and continue in this range. Not 100% certainty of course, it's just my hypothesis going in.

Not too much to read into the profiles, we are well and truly in the old range, hence me thinking it's an extension.

Looking closer, I'll be watching yesterdays range/value range - you can see the value low has held overnight, so I'm also going to look at 42.75 - the late pullback yesterday as potential resistance.
Plan
- Short bias but not married to it
- Early trade is on
- Market gapped down, if we open down, we may see an initial rebalance up off the open - be wary of any moves up as they may not last
- Saying that we dropped 20 points yesterday, so a snap back is possible - so longs on high volume
- Watching value low/42.75 on any moves up - but will join any move down, even on average volume
Weekly Numbers
Range - 2429.25 -> 2451.50
Value - 2436.50 -> 2450
S1 - 2417.50, R1 - 2443.25
Daily Numbers
Range - 2434 -> 2446.5 / 2451
Value - 2437.75 -> 2443.25
Globex 2429.25 -> 2438
Today only - 42.75
Settlement – 2437.50
Long Term Levels - 2178.75, 2129.50, 2099.75, 2084, 2078.75, 2000.75, 2400
Plan
- Short bias but not married to it
- Early trade is on
- Market gapped down, if we open down, we may see an initial rebalance up off the open - be wary of any moves up as they may not last
- Saying that we dropped 20 points yesterday, so a snap back is possible - so longs on high volume
- Watching value low/42.75 on any moves up - but will join any move down, even on average volume
Weekly Numbers
Range - 2429.25 -> 2451.50
Value - 2436.50 -> 2450
S1 - 2417.50, R1 - 2443.25
Daily Numbers
Range - 2434 -> 2446.5 / 2451
Value - 2437.75 -> 2443.25
Globex 2429.25 -> 2438
Today only - 42.75
Settlement – 2437.50
Long Term Levels - 2178.75, 2129.50, 2099.75, 2084, 2078.75, 2000.75, 2400

