11/06

EURUSD looking to close gap

ES June filled the 20/30 area discussed in what lies beneath – interesting to see how it behaves above this area which was thin on the way up and down.

On Composite I like 1308/12 for support (september contract)

Using mid June as template days – not sure if 1327.75 has much volume to support – buyers there may not defend as they got liquidated the day after.

Short term test of 1323 are key – Thurs RTH Hi and Fri Close
Nvpoc 1317.5
Breakout area 1310/1311

DAX – similar – expect support at 6114 area – wed high, thurs low, fri vpoc
failing that is mcpoc at 6057

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