THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Not a bad start to the week with the path working well, we got the swoop we wanted and the opportunity for the long presented itself. We've completed quite a few of the bias targets as well as the red box targets, so now, with it being the last trading day of the month and quarter and tomorrow being the first, we'll take a back seat.
Support stands at the 3275 level with resistance still at 3404-6. Higher box is defence so we'll stick with it and see if it works how we intended.
KOG’s bias for the week:
Bullish above 3250 with targets above 3278✅, 3285✅, 3297 and above that 3306
Bearish below 3250 with targets below 3240, 3232, 3220 and below that 3212
RED BOX TARGETS:
Break above 3275 for 3279✅, 3285✅, 3289✅ and 3306 in extension of the move
Break below 3260 for 3255, 3251, 3240 and 3235 in extension of the move
As always, trade safe.
KOG
