L 64.75 stop 61.5 not confident out 67.0 EDIT.. Ignore for integrity purposes I didn't edit properly. Thought it time stamped.
Not convinced that it is a SDD day. No gap down, but opened near Friday's close. Bottom fishers--reverse head and shoulders in 865-66 zone.
Need to see 12:00 time slot to see how far the bounce back up will go ... Always time to buy after pivot is taken out Edit: Need Pek here to confirm his view ...
Yep. The pivot and the opening range low are both in the same area, which now serves as resistance. If price jumps over that zone, that zone should serve as support.
Basically comes down to which it will break : above 873 or below 861 If it hangs around LOD by 3 pm then as we know most likely will go down further during last hour But no conviction so far as if traders are waiting for FED tomorrow.