Overnight price has been confined below yesterday's POC, around the value area low. Price rejected the low pricing. During London morning session, price still undecided. Positive GDP figures pushed up price.
I am expecting price to test overnight highs and lows, and possible yesterday’s low, before going up to take out the weekly high.
A couple of figures still to come out. Still more earnings to come today
Allow NY open initial balance to set direction before taking any trades.
I am expecting price to test overnight highs and lows, and possible yesterday’s low, before going up to take out the weekly high.
A couple of figures still to come out. Still more earnings to come today
Allow NY open initial balance to set direction before taking any trades.
Comment:
Sunday open - flat.