Trader Update:
Hedged *1378
...the index remains comfortably above the September 6 Low *1136 support - gaining additional strength above the short term weekly trendline current *1148 and the September 22 Congestion High *1158 - currently trading within striking distance of the September 9 High *1194
...above the short term weekly trendline current *1148, the market will aim to take out the overhead resistance formation ranging from the September 9 High *1194 to the August 31 High *1230 to push higher into the June Low *1258
Kind Regards
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