Yesterday after making ATH market sold off and continued during overnight session.
However, sell off paused at the Low of yesterdays RTH session and continued its downward move until it reached 1.272 Fibonacci level.
Currently market seems to be rallying, would need to see test of yesterdays RTH session Lows before deciding on direction.
Level to watch 3082---3084
Reports to be aware are:
US:Atlanta Fed Business Inflation Expectations
10:00 AM ET
US:Jerome Powell Speaks
11:00 AM ET
However, sell off paused at the Low of yesterdays RTH session and continued its downward move until it reached 1.272 Fibonacci level.
Currently market seems to be rallying, would need to see test of yesterdays RTH session Lows before deciding on direction.
Level to watch 3082---3084
Reports to be aware are:
US:Atlanta Fed Business Inflation Expectations
10:00 AM ET
US:Jerome Powell Speaks
11:00 AM ET
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