With no material change in the overnight session we were able to put together a second article that outlines yesterday's Market Structure Projection performance and gives key insight on how they function. We are still looking for the 2112 area as a potential turn zone if this is to turn into a more extended downside move. Be mindful of the shaded base channel as this is a very good sticking point for price on moves that extend. Good luck and good trading today!
If you have any questions about our analysis or any of our analysis systems, contact me any time at firstname.lastname@example.org
Today's Projections and Timing
Analysis of Yesterday's Performance and Insight