Narrow range today, only 5 points despite a big gap up
If we take out the lows, a move to 1347 will be a 10 point range on the session.
Why is 10 points important? On a choppy day, a 10 point range is about average and is a good rule of thumb for a first target on a range. Of course, nothing is saying we have to stay choppy OR take out the lows.
On the high side, the 10 point range completes at 1362