THE KOG REPORT - Update:

End of day update from us here at KOG:

The short opportunity came early open with a nice move straight into the highlighted level where as expected, we go that tap and bounce for the long. We suggested traders take their exits or at least protect their trades around the 2030 level as we were expecting an up/down day, really not worth holding the trade in DD. So now we're playing the the 2030-35 resistance and 2018-2020 support range just as we mentioned in the KOG Report yesterday.

As traders we now either scalp the range for quick captures, or, we have to wait for the breakout before getting in on the move to come.

We're going to stick with the plan at the moment, but something tells us there is a curveball on the way! Break above 2030, 2045 is reasonable. Break below 2020, we're going to get the deeper move.

We'll update again in the morning with the daily bias and morning review.

As always, trade safe.

KOG