Good evening folks,
After an extremely bearish week, we’ve opened with a small gap up. We nearly tested 4100 on Friday, and now we’re trading around the 4130s.
Our plan from yesterday was as follows:
If the lows of 4128 are broken, we can expect 4117 and lower, as we are drawn closer to 4100.
We broke 4128, and the low of the day was less than 4 points from 4100. Are we doomed to break 4100, or can bulls finally mount an offense? Here’s my plan: