THE KOG REPORT - Update

15 בנוב׳

End of day update from us here at KOG:

Nice movement on the markets from the get go with price moving into the lower region we wanted 2550-55 and giving us the TAP AND BOUNCE! We wanted to long from that level which some still are with partials taken and the trade protected for the weekend.

Now, due to the range we have two area's of interest, both not worth getting involved with due to the market closing for the weekend soon.

Below, support is active on the red boxes at 2550 which needs to break for us to end the week lower into the 2540-35 region, if they decide to make a late session move. Otherwise, again, 2555 can be attempted and if we get the RIP there you'll likely see this want to close higher into the that 2575 region.

So us, we're done for the day and the week, it's been eventful, emotional and frustrating for some, but the path worked well, the red box and Knights indicators together with Excalibur performed and we end the week with another phenomenal pip capture and hit rate.

Wishing you all a great weekend ahead, see you on Sunday for the KOG Report.

As always, trade safe.

KOG