DislikedMajor pit levels around here are: 36985 January unch and 3679 Pit 2020 high Note that the low of the gap coincides (almost) with Pit 2020 highIgnored
DislikedSO, if we get acceptation above them at pit open we can aim at highest pit unch of current year at 37365. If no acceptation above them we can see a correction again toward 3651 pit Thursday poor low.Ignored
Now, Tokyo managed to test above absolute GB high 3758 (the weak yearly high we was speaking about in the last days): it is the main level for today GB action. Acceptation above it and above yesterday GB close at 37375 can lead to continuation upside or at least balance.
Rejection above them (or acceptation below them) can lead to a substantial liquidation.
Anyhow consider that current Tokyo session managed to create space above yesterday GB high at 37405: meaning that a new GB gap upside is possible at GB open. If so and if not retraced quickly, odds are in favor to continuation upside.
Ubi maior minor cessat