THE KOG REPORT - Update

End of day update from us here at KOG:

We said yesterday we would stick with the plan on Sunday's KOG Report but look for a short bounce early session into that 2325 region which is again where we wanted to see this reject and continue its path. We already had active targets below and together with KOG's bias of the day which was shared with everyone, we managed to complete the 2310 and 2295 target regions.

We've circled the support region, as this is where we said we could get a RIP, which is not that significant as yet, but should be in positive for everyone who followed.

Now, we have lower support 2299 and below that 2295 which need to hold up the price for us to see at least some retracement on the move, firstly into the 2310 region and above that 2315-17. Anyone long should be long from below and maybe protect your trades. We'll look at reactions in that 2315-20 level if we get there tomorrow and decide whether to intra-day short it again.

As always, trade safe.

KOG