I’ve split the current range into thirds.
Right now the futures are pointing to an open in the upper third, I’ll be watching to see how the market responds at the open. A push through yesterdays high will open up 10529 (Tuesdays high) and then my final target of 10600 CASH (10555 approx on YM)
If the market’s not ready for that push (bear in mind we are in an uptrend at the moment) then I’d be looking for a rotation back towards the middle third of the range.
Key levels on YMU10