THE KOG REPORT - Update

قبل ١٦ ساعة

End of day update from us here at KOG:

CLEAN LEVEL TO LEVEL TRADING! That was the plan all the way from the beginning of the month when we published the Election special together with the KOG Reports. We wanted pull backs and managed to get them today giving us another opportunity to long into the bias target levels and Excalibur which are now completed.

Today, I hope traders noticed we even shared the Red box targets we use, which are also completed.

Now, we have support below 2635-40 which is reasonable for price to attempt, but it needs to break to go lower. Otherwise, I would like to see this attempt a higher high before then completing the reversal to the downside.

From Camelot this morning:

Support: 2620 / 2617 / 2615 / 2620 / 2606

Resistance: 2630 / 2640 / 2647 / 2650 / 2654 / 2659

Price: 2624

KOG’s Bias of the day:

Bullish above 2610 with targets above 2630
Bearish on break of 2610 with targets below 2595

RED BOXES:

Break above 2625 for 2638, 2650
Break below 2613 for 2605

As always, trade safe.

KOG