Overall range is 1052.00 - 1106.25. Large volatility. Premise for today is to see if price makes a retracement back above 1069.00 or retests 1052.00. The long side scenario will watch for potential inside support at 1163.50 and an extension of 1169.50. If there is no inside support, look for a retest of 1052.00 with a sideways to downward bias. In this scenario, I will look for a range 1069.50 - 1052.00 with an afternoon attempt to breakout to the downside. If price extends 1069.50, look for a grind up. I have illustrated my execution areas.
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