Spu’s require a 2781 Print in March to put in a reversal up on the P&F and confirm last night’s low @ 2758.25.
I’m a buyer into 2741 today.
The market does not have to get there.
There is a gap from September that was never revisited off similar price action.
Acknowledge the levels and write them down on a spread sheet.
Someday they will come into play, even if it takes a couple of decades as it did in 2007-8, when gaps from the 1980’s were filled.
Oil Inventories @ 9:30 CDT.
The P&F shows a series of lower highs.
It would take sustained price action closer to 62 to think this is turning up.