Premise for today is to see if price continues up from 1116.50 minor support or corrects down. I will look for a wash of 1116.50 just after the open. This will be the key area. If price thrusts back above 1116.50 look for a continued grind up. If price starts to sell, look for a potential test of 1085.00. There a several potential areas of minor support on the way down but I anticipate these breaking as the price corrects. If support structure builds with basing action between 1116.50 - 1085.00, I will look for a range from that area to 1116.50. Trend is still a freight train and grinding up. There should be a correction down soon. However, the short side will be tough and prone to squeezes. I will continue to try to stay on the long side until the action changes.
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