Overnight market tested yesterdays Open and rallied.
However, rally stalled at 1.618 extension of yesterdays RTH session Fibonacci level.
Need to see a test of yesterdays Close before deciding on direction.
Level to watch is 3122 --- 3124
Reports to be aware of are:
US:Quarterly Services Report
10:00 AM ET
US:E-Commerce Retail Sales
10:00 AM ET
However, rally stalled at 1.618 extension of yesterdays RTH session Fibonacci level.
Need to see a test of yesterdays Close before deciding on direction.
Level to watch is 3122 --- 3124
Reports to be aware of are:
US:Quarterly Services Report
10:00 AM ET
US:E-Commerce Retail Sales
10:00 AM ET
Anything published is strictly for educational purpose.