IN the last update, I had omitted the VST PB areas and just mentioned the ST area of support which came in the form of Symm support at the 1277 area. It appears to be getting ready for a move. Depending on what transpires overnight and into tomorrow with the other indices we may say a deeper PB or an attempt at the 1315 area.
Comment:
No real change here. Support held and looks like we are basing. Lets just say below 76 is not very good for the bullish scenario at least in the ST. Above 1306 and 1315 areas.
Comment:
Appears that GC is coiling for a move. Possible triangle which if it breaks up targets the 1315 area. For now there isn't much to write home about. With $DXY turning a bit, perhaps that might fuel a move. Lets see if DXY break 96 and if the gap around 95.6 fills and holds.