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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Like the A.M. window reaction down that was followed by a bounce, the noon hour reaction down also reflects weak-handed sellers and is likely to recover. Sellers weren’t strong-handed enough…
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Exiting the bias window back AT the 7201 A.M. bias-up target — let alone, under the 7212 overnight high test of it — didn’t prevent 7150 from becoming unfinished business…
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Returning to Tue’s lows continues to suggest that Tue’s P.M. window bounce was sponsored by weak-handed impatient buyers. Multiple fresh lows continue to be brief, shallow, and quickly reversed back…
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The attraction to probe overnight low down to 7133-7138 remains in-play. Entering the noon hour at session lows after having trended down both halves of overnight creates a trending day…
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The A.M. windows’ volatility was nevertheless organized, range-bound, and responsive to setups and signals. As was expected, This invokes the Alternation rule that makes the afternoon extra vulnerable to trending…
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The A.M. window’s late Reverse-bias triggered almost grudgingly, and we soon learned why — a favorable Iran headline developed. it’s timing happened to avoid leaving unfinished business below by exiting…
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Globex’s symmetrical triangle breakout and fulfilled its minimum 61.8% projection up to 7168. It resisted a couple of bounces before breaking higher into the A.M. bias window exit to 7181….
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Wed’s post-open extension of overnight’s rally to the first hour highs could be compared to Tue’s pre-open rally. Each emerged from overnight flat-to-higher uptrending, and created extra room to absorb…
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