A new level was created when it hit 1866.50. 1846.50 what was once resistance is now support. I feel since it hit 1866.50 only one time-we will get teased on sunday night with a gap up open but then it will be a short to 1846 to 1847 area. This is still uptrending but I feel it will pull back a few times to 1840's area first and tease 1866 area again. Now if it breaks through with momentum down the line then it looks good for long to about 1874 but not just yet If I will go short it would be to 1845-1850 area. A retest of 1866 would need to happen and pull back quickly as confirmation.
I believe this will be a short on Sunday night-but immediate-a lot of news coming out Monday.
I believe this will be a short on Sunday night-but immediate-a lot of news coming out Monday.