Price continues to press up. This area is tough for resistance and structure. Inside support at 1073.25 was hit overnight and 1079.50 has been extended. Premise for this morning is to see if price pulls back and holds at 1079.50 then continues to grind up. If price pull back inside 1079.50, I will look for a test of inside support. I will watch this area closely because 1073.25 has already held and will be more prone to break on a retest. I will expect at least a wash prior to a reversal. I will stay on the long side as much as possible until the price shows a clear reversal. Market is due for a correction down because it is stretched but the short side will remain tough.
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