We gapped up into resistance of 2730 upon open we attempted to close gap to yesterdays high but came short and rallied into resistance again, lets see how it reacts around here, remembering we are still above short term Mas, upon a pullback or positive push from a gap down could show viable entries
See chart for key pivot points for todays trading day.
futures are up small at this moment, if we cannot obtain the pivots shown and we roll over into yesterdays low more volatility is to come, looking for sell setups
on the other hand if we can penitrate the pivot lines we could see a relief rally towards yesterdays open levels
DJI dropped 1,000 points yesterday, whats next? heres some ways to navigate:
28174 is a key pivot
A) a break above 28174 with a bullish impulse should see the gap be filled with more buyers coming in
B) a rejection of 28174 could see a inside day then a deciding break tomorrow either way
C) a break below 27900 will see more sellers and a trip...