We are confirming support above the 1128 50% level.
Overnight traders probed down to 1128 and found demand by 8am.
We had about 24 hours of notice that price would go up this morning. Then after the open we developed another HMH to confirm the day's direction.
A fast moving shakeout before the open gave us about a 90 minute heads up that price would move upward after the open.
Zooming in we can see clear cross confirmation on the 2400 tick chart and others. We had a series of buy signals all day.
And as the day went on we kept popping to the upside.
WARNING: Futures trading involves risk. You can lose all of your capital and more. Consult with a financial adviser to determine if trading futures is suitable for you.
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