Prices appear to have found at least a temporary bottom on Friday and while the rally fizzled some by the close on Friday, we are getting follow through buying to the upside so far this morning. The overnight rally has once again left a gap on the chart, and if prices do start trending lower at some point in an attempt to fill that gap, that target would be down at 6631.50.
For now, the trend and bias are both still up. Expect some mixed trading at times no matter the bias or how the day plays out, but for now, the trend and bias are both up, although still mixed at times. Stay flexible and follow the price action.
