This morning we see a large trading range coming out of London's Trading Session from 3am to 7am EST, and this wide range tells us there will certainly be some trading opportunities this morning. The size of London's range moving higher tells us to look for selling opportunities at the London Highs of 93.46 and the London +27.2% Extension. We will be looking for price reversal trades around these two selling points this morning between 8am and 9am EST. A Close above the 93.66 will signal buyers in control, and we will be buying up to the 94.20 target above us.
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