Category: Wrap

The Session-long decline influenced each timing window to probe its prior timing window low, with one exception. That was the Final Hour’s relentless bounce. The Trending day setup triggered at…
The A.M. renewed bias-down window’s post-10:15 lows weren’t required, only likely so long as buyers weren’t gaining traction. Thu’s noon hour drop produced those fresh lows, before the afternoon was…
One afternoon timing window’s test of support that holds through the next timing window often becomes vulnerable to reversing through the close. The more controversial the environment, the more significant…
Tue’s invalidated A.M. reverse-bias signal didn’t extend any higher than the morning’s rally. The noon hour’s reaction down gained no traction for its effort, and the late reaction down originated…
Mon’s A.M. rally was not reversed before the close, so there still may be consequences to having launched it without gapping up above relevant highs. The noon hour’s 61.8% retracement…
Otherwise, closing flat with its open qualifies Fri’s session as a Transition day, which can precede a trend reversal. And already having gap-filled Fri’s 7661 open beyond all prior lows,…
The 7686 low’s required retest was brief and relatively shallow, and immediately bounced 25 points before reversing down 27 points almost as quickly to fresh lows. Another bounce also failed…

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Did Tue’s opening dip intend to extend the overnight slide and further retrace Sun’s initial rally? Iran headlines had their likely reactions, mostly creating shocks-to-the-system that needed to be absorbed….