I try to never outsmart the market.. so I won’t start today. Yesterday’s cash session low came in within 1 tick of the large gap window left behind on 5/03/2013. Therefore if the support level fails, I would expect that large gap to fill. Until then.. we have another reference for support.
Here is the chart:
Looks like a news driven flush is dominating pre-market so we’ll have to wait and see what is in store. Good luck out there today.
