THE KOG REPORT - Monthly Chart

Quick update on this chart.

We said we would be looking for the break out of the range and gave the level above as the target level. This level is now completed and ticked off, which is now a bit of a concern. We would like to see a retest above potentially, but we still have those levels below untouched.

For now, TAP AND BOUNCE from the region for the short.

We'll share our view on Sunday's KOG Report.

As always, trade safe.

KOG