Category: Mid-day

Extreme sentiment’s influence persists, producing relentlessly higher highs through consecutive timing windows. That’s structural. But calculable resistance may be hinting at approaching a sentiment extreme, by failing to trigger bias-up….
The A.M. synthetic bias-up’s objectives for offsetting tests of the 6873 and 6891 bias-up parameters was fulfilled to within 3-6 ticks. Its upside attraction is neutralized. The 6884 P.M. bias-up…
Except for leaving unfinished business outstanding, A.M. window exit almost lapsed into an Alternation rule. That would have made relentless afternoon trending likely. Nevertheless, attacking overnight highs before the A.M….
The reliable and the predictable is essentially done, both structural and calculable, fulfilling 6851 and 6873 upside objectives. Tue’s pullback during its renewed bias-up window identified sellers as weak-handed. Recovering…
Exiting A.M. window back above 6797 confirmed the dip was weak-handed sponsorship. That was confirmed by retracing the open’s 6830 high. Retracing the open’s high also leaves no further resistance…
Downside momentum had extended through the open, breaking under Thu’s 6615-6618 lower prior highs and then 6586 prior lows. Entering the noon hour at the prior low did not qualify…
The A.M. window ranged widely, including a series of higher highs and higher lows — trending, albeit contained. Unfinished business above was left outstanding. The setup almost fulfills the Alternation…
Flat-to-lower ranging since the last Iran headline surge might persist as Friday afternoons tend to default to hovering. Also because so much mind pressure has been expended from sharply lower…
Pretty impressive rally behavior. The A.M. window’s eventual late test of the last line of higher prior lows at 6638 had expended a lot of buying pressure and was a…