The relentless trend up continues. Premise for today is to see if potential inside support 1157.25 holds. If this holds, I will be looking for a continued grind up. Long opportunities are primarily scalps with the trend. If 1157.25 does not hold, look for a test of 1148.75. If 1148.75 holds, we could set up a range 1148.75 - 1165.25. I will not have a short bias until I see some major lower lows in this move. I will be looking to initiate continuation longs off 1157.25 and confirmed longs off 1148.75 if price gets there. I will initiate confirmed breakout shorts if 1157.25 breaks with premium structure. bias is averwhelmingly up so I will stick with the trend until proven otherwise.
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