Category: Mid-day

Exiting the A.M. window in decline held lower prior highs at 6611-6618, i.e. ower prior highs from Fri’s mid-day consolidation. Reacting up could continue to hover and absorb the earlier…
Sellers didn’t exploit the bearish First-hour Trax setup that often probes deeper before noon. The alternative will often bounce, but buyers didn’t exploit that opportunity and instead hovered through the…
An outstanding attraction below at 6616 was met in time for its reaction up to the bias-up signal to invoke the grace parade, which ultimately held to trigger no-bias. The…
“Conflicting signals” doesn’t necessarily describe this market, so well as “counter-sponsorship.” Accumulative behavior preceded the past two bullish opens, before their uplegs ran out of steam and their reversals were…

You must be a logged-in member to view this content. Click here to login. Contact me immediately if you are still seeing this message in error, Or, please consider subscribing.

The A.M. window is pullback to the opening bar’s 6740 low was likely weak-handed sponsorship, being counter to the renewed bias-up window. Structural support produced a bounce that has held…
Despite not triggering, the 6644 A.M. synthetic bias-down objective was touched by noon. Hovering between P.M. bias signals is now overlapping the 6642 P.M. bias-down signal support. The entire afternoon…
More timely A.M. bias window lows at 6688-6692 haven’t produced much more of a bounce than earlier support tests, but the decline has not extended for a couple of hours….
had just described in vidiROOM a bullish template for hovering at the no-bias window’s 6781 upper-end before surging sharply through the last 60-90 minutes, recognizing that sellers weren’t attracting reinforcements….