Overnight:
As of 700 CST,
the market has auctioned lower from Fri Settlement, 94.85s, achieving a Stopping Point Low, 93.29s, at/near the Daily 1st Std Dev Low following the weekend geopolitical development regarding P5+1 treaty with Iran.
The market is poised to open Gap Lower, implying structural imbalance as the market challenges Major Structural Support, 92.50s-93.20s. Focus on response at/near Major Structural Support into Pit session. Gap rules apply....