Friday’s poor high of the day and poor low of the day will be noted and carried forward. The key low volume area of 6088-6092 was defended by buyers during G period. After revisiting this range for the second time, we left a poor low, which will be very important to monitor after we revisit this level.
The ranges of 6102-6106 and 6088-6092 are important to monitor going forward.
12/6/24 Levels & Plan
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My key area for tomorrow will be 6088-6092. Buyers need to reclaim this range in order to remain in control. Sellers will need to defend this range to shift value lower and break structure to the downside. We have non-farm payrolls tomorrow premarket, and I will provide an update after the release.