Category: UPDATES

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Staggered Iran headlines have influenced Fri’s session and Mon’s A.M. window. A relevant support at 7229 was overlapped through multiple timing windows, instead of extending lower to gain downside traction….
Staggered Iran headlines affected Mon’s A.M. window, similar to the setup’s influence on Fri’s gap-up: by ignoring attempts at gaining traction, instead inserting a deeper retracement. Noon hour’s exit suggests…

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No follow-through to the pre-open Iran headline, let alone maintaining its recovery, all but equates to debunking it. It at least isolates its sellers. Mon’s 2nd-15 lapsed above the 1st-15,…
Recall that Fri’s downlegs were likely sponsored by weak-handed sellers (counterbias and no-bias trending, Iran headline catalysts, held above prior intraday highs, multiple unfinished business created above). The detour can…

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