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!
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Today's Projections and Timing
Analysis of Yesterday's Performance and Insight