THE KOG REPORT - Update

11月13日

End of day update from us here at KOG:

A disappointing CPi today with price moving sideways for most of the day. We wanted the early session support level to hold and give the move upside which we got. We suggested traders protect and manage they're trades due to the range and choppy price action which for us, closed us at BE after managing.

Now we have support here 2580 with resistance at the 2595 level which needs to hold us down to attempt that lower level 2570 which is where we may get another opportunity to long.

Shorting here is too risky with so many voids above, so until we open lower levels, we'll have to trade the levels upside just in case there is a volume burst upside.

Our election projection is also now 100% complete to the downside tapping the level we wanted for the shorts, so lets see what tomorrow brings.

As always, trade safe.

KOG