THE KOG REPORT - Update

End of day update from us here at KOG:

Yesterday we wanted that pullback into the lower level to go long, and suggested higher pricing. We started with an opportunity to short, which worked well into that level, and then a soft bounce of the level. We gave RIP levels, each of which gave opportunities to take the long trade which now should either be taken or risk free.

Now we're in this order region with volume expected to enter the markets tomorrow. We don't want to long into the order region, so instead, we would say look for that level 2325 to hold up price, and if it does we should see the 2340 region in the coming session.

That's all for now.

As always, trade safe.

KOG

评论:

Target hit, nice rejection from resistance. Support now 2330