Evening Traders,
Today’s TA will be based on an oversold bounce play being imminent due to the immense selling over the weekend that has left the CME Futures with a 10% Gap.
Points to consider,
- CME bear flag confirmed
- Local support at .618 Fibonacci
- Huge open Gap (Technical Gap at $7690 open)
- RSI and stochastics overextended
- Volume node climax...
