Disliked{quote} Thats what I was wondering also yesterday Pre US Pit, also if you can elaborate if today Pre US pit manages to go 2860, and stays below what are we looking for next means for today and tomorrow after opening pit sessions ? Thank youIgnored
Well, consider this: if price at pit open will be around here (below the already double gap 2994-3007) we will have a triple pass pit gap there. So in my opinion even if we will see price going down to finally solve 2860 we could expect some sort of correction of that very big anomaly upside before to see something more serious downside.
Obviously no one can exclude a retest of September inside week low at 2841 especially if we'll see a clear rejection above 30075 (the high of that crucial inside week)
So let see: if we go up clear the triple or double gap, fail the test above 30075 I think a retest of 2841 is almost sure. At the opposite, if we will see a first test of 2841 and a fail there, then 30075 is clearly the next move.
Ubi maior minor cessat