The solid trade below 2410 projects this downward 400 tics minimum, 750 tics (+) maximum. We have attained 652 tics so far. However, the trade above 1804-12 on Globex warns of short covering here, although still within the gap lower. A maintained gap higher will leave a short-term bullish reversal below, but this will be more effective if we take out 1855 in the process. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Crude and Energy/Gold complex. If you are interested, please feel free to reach out.
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