Premise for today is for sideways congestion after big squeeze yesterday. I will look for a range 1063.00 - 1044.45 with the potential for a mid day contraction until breakout. If price starts to sell just after the open look for a test of 1044.75 and likely push through to look for sellers. If price move back inside, look for move back to mid range and congestion. If price continues down, look for minor support and area to cover shorts at 1035.50. I will wait to confirm longs off this area. If 1063.50 does not hold, look for continued slow grind up to 1079.50.
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