THE KOG REPORT - Update

600
End of day update from us here at KOG:

Again, just like yesterday, we completed the long trade into the red box, RIPPED then played red box hockey before swooping the low and coming back up. What madness on the markets with continuous whipsawing which is not allowing traders to hold positions without huge stop losses.

For now, we have support at the 3325-8 level which if held should give us a move upside towards the red box. What we want to see here is do we get a lower high or not?

MA's still drawn together and more choppy price action expected in the sessions to come.

As always, trade safe.

KOG

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