THE KOG REPORT - Update

End of day update from us here at KOG:

Another ranging day giving opportunities to scalp but not hold trades unless you're already in from above. Bounces from support have given sharp moves but nothing to force us out of accumulation at the moment. We would now say caution on the markets as a breakout is imminent and ideally a swoop from above would be perfect so keep an eye on the support level 2313, if held we should see some upside movement 2325 and above that 2330. We'll stick with the plan for now unless the levels above are broken, it's given but now it's getting ridiculous so we would suggest waiting for the breakout.

Support 2310-13
Resistance 2320 if broken 2330

As always, trade safe.

KOG