Expecting Full Retrace of Todays Move Into Friday

١٣ يناير ٢٠٢٢

Daily is primed to gap up in overnight futures trading. I see today as a kneejerk reaction to rates increasing which have not yet taken place - March will be a different story.

Todays R3 (pivot point) was at 4795 - I expect we land in the 4775-4490 range by close tomorrow on strong retail sales.